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Compute the maximum roth ira contribution

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Reference no: EM13510973

Jennifer, age 35, is single and is an active participant in her employer's qualified retirement plan. Compute the maximum Roth IRA contribution that she can make in 2004 if:

a. Her adjusted gross income is $120,000.

b. Her adjusted gross income is $48,000

c. Her adjusted gross income is $38,000 and she makes a $2,000 contribution to a traditional IRA.

Reference no: EM13510973

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