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The Maximum Amount That Can Be Contributed to an IRA

Question 34

Multiple Choice

The maximum amount that can be contributed to an IRA is:


A) 2% of your salary or $4,000, whichever is less
B) $3,000 in 2012, and $5,000 after 2012
C) $5,000 in 2012
D) $6,000 in 2012, and then it increases $500 per year through 2020

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