The maximum amount that can be invested in a traditional IRA:
A) is fixed at $2,500 per year.
B) can be no more than 15 percent of the investor's annual gross income for most people;but people with incomes of less than $30,000 are allowed to invest up to $4,500.
C) increased to $5,000 in 2009 and will increase each year with inflation.
D) currently is $5,000 for workers under the age of 50 and $9,500 for workers between the ages of 50 and 59 ½.
Correct Answer:
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