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Author Question: Bob and Bonnie, husband and wife ages 56 and 58, have combined income of $80,000. What is the ... (Read 41 times)

Bernana

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Question 1

When deciding whether to invest in a traditional IRA or a Roth IRA one would consider all of the following, 
except


◦ the amount of income you expect to have during retirement.
◦ whether you are covered by an employer-sponsored retirement plan and, if so, how much income you earn.
◦ the marginal income tax rate you expect to have during retirement.
◦ whether you want the money to accumulate tax-free or not.

Question 2

Bob and Bonnie, husband and wife ages 56 and 58, have combined income of $80,000. What is the maximum combined IRA contribution that they can make in 2015?


◦ $10,000
◦ $11,000
◦ $13,000
◦ $40,000


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Marked as best answer by Bernana on Apr 14, 2019

dreamfighter72

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