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Carl, Age 44, Wants to Contribute the Maximum Allowed to a Roth

Question 57

Multiple Choice

Carl, age 44, wants to contribute the maximum allowed to a Roth IRA. He is single and his AGI is $124,000. How much can he contribute to the Roth IRA?


A) $5,500
B) $4,033
C) $2,000
D) $1,467 AGI Phase-Out Ranges for 2018 IRAs
Carl, age 44, wants to contribute the maximum allowed to a Roth IRA. He is single and his AGI is $124,000. How much can he contribute to the Roth IRA? A) $5,500 B) $4,033 C) $2,000 D) $1,467 AGI Phase-Out Ranges for 2018 IRAs

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