Question: Why can Rose make the maximum $ 7 , 5 0 0 deductible contribution to her traditional IRA for 2 0 2 3 when James
Why can Rose make the maximum $ deductible contribution to her traditional IRA for when James cannot?
Rose has no income.
She isn't covered by an employersponsored retirement plan, so her income limitation is higher.
Rose is younger than James.
One spouse can enable their partner to make a fully deductible contribution if they themselves are making only a partial contribution.
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