Participate in an employer-sponsored plan

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John (age 57 and single) has earned income of $4,200. He has $32,900 of unearned (capital gain) income

If he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution John can make in 2015 if he has earned income of $14,600?

Reference no: EM131292411

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Participate in an employer-sponsored plan : John (age 57 and single) has earned income of $4,200. He has $32,900 of unearned (capital gain) income. If he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution John can make in 2015 if he has earned i..
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