What is the maximum amount a taxpayer put

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Question: What is the maximum amount a 45-year-old taxpayer and 45-year-old spouse can put into a Traditional or Roth IRA for 2016 (assuming they have sufficient earned income, but do not have an income limitation and are not covered by another pension plan)? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131996227

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