An individual,age 40,who is not subject to the phase-out provision may contribute a nondeductible amount to a Roth IRA up to $5,500 per year in 2015.

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Quizplus · Accepted Answer

This is true according to the IRS contribution limits for 2015. Individuals under age 50 may contribute up to $5,500 to a Roth IRA, regardless of income level, as long as they have earned income for the year.

An Individual,age 40,who Is Not Subject to the Phase-Out Provision