Uma, a widow and age 72, is a participant of the Ace Web Enterprise (AWE)...
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Uma, a widow and age 72, is a participant of the Ace Web Enterprise (AWE) 401(k) plan. For the current year she deferred $6,000, or 10 percent of her salary to the plan. She did not receive a profit-sharing contribution, a forfeiture, an employer match, or any other employer contribution. Uma would like to make a contribution to her Roth IRA. If Uma's AGI is $99,000 (all comprised of W-2 earnings, Social Security, and portfolio income), what is the maximum contribution she can make for 2022 ? $3,000 $7,000 $0. $6,000
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