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What is the maximum combined contribution

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Question - Richard, 63, and Rachel, 48, both want to make the maximum contribution to their IRAs for 2017. They are both covered by retirement plans at their work. Their combined income for 2017 is $98,685. Their Modified AGI is $98,685. What is the maximum combined contribution they can make to their IRAs?

a) $11,000

b) $12,000

c) $13,000

d) $0

Reference no: EM132199445

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