He is an active participant in his employers pension plan


Question - Venkat is age 32, single, and reported AGI of $67,000 in tax year 2016. He is an active participant in his employer's pension plan. What is the maximum deductible IRA contribution he can make in 2016?

A) $5,500.

B) $2,200.

C) $3,300.

D) $0.

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Accounting Basics: He is an active participant in his employers pension plan
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