Question

Question ID: 1620947 Which of the following individuals could make tax-deductible contributions to a traditional IRA regardless of their modified adjusted gross income (MAGI)? A) Sara works for a Section 501(c)(3) tax-exempt organization, and she participates in the Section 403(b) plan her employer sponsors. B) Gary is self-employed and contributes the maximum to a SEP IRA plan he has for himself and his employees. C) Janice, a single taxpayer earning $130,000 per year, defers $10,000 to her employer’s Section 401(k) plan. D) Max is employed full time and participates in his employer’s Section 457 plan.

          Question ID: 1620947
Which of the following individuals could make tax-deductible contributions to a traditional IRA regardless of their modified adjusted gross income (MAGI)?
A)
Sara works for a Section 501(c)(3) tax-exempt organization, and she participates in the Section 403(b) plan her employer sponsors.
B)
Gary is self-employed and contributes the maximum to a SEP IRA plan he has for himself and his employees.
C)
Janice, a single taxpayer earning $130,000 per year, defers $10,000 to her employer’s Section 401(k) plan.
D)
Max is employed full time and participates in his employer’s Section 457 plan.

Added by Christine S.

Question

Please give Ace some feedback