Question: What is the maximum amount a 55-year-old taxpayer and 52-year-old spouse can put into a Traditional or Roth IRA for 2016, assuming they earn $70,000

What is the maximum amount a 55-year-old taxpayer and 52-year-old spouse can put into a Traditional or Roth IRA for 2016, assuming they earn $70,000 in total and are not participants in pension plans?

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