_____ 15. A single employee who is not covered by an employer's retirement plan may always contribute at least $5,000 of earned income to his or her IRA.

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This statement is true. An individual who is not covered by an employer's retirement plan may contribute up to $5,000 of earned income to his or her IRA. However, there are age limits and income limits on these contributions. As of 2021, individuals age 50 and older may contribute an additional $1,000 as a catch-up contribution, for a total contribution limit of $6,000.

_____ 15 a Single Employee Who Is Not Covered by an an Employer's