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Ms. Calhoun is age 48 and single. What is the maximum contribution that she can make to a Roth IRA if her AGI consists of an $89,400 salary from her employer

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I believe the answer is 1862
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Based on current laws on the amount that can be contributed to a Roth IRA, Ms. Calhoun can contribute $5,500.

How much can Ms. Calhoun contribute?

For people who are aged below 50 years and have an AGI of $117,000 or less, the law permits them to contribute a maximum of $5,500.

Ms. Calhoun is 48 years of age and has an AGI of $89,400 which is less than $117,000. This means that the maximum she can contribute is $5,500.

Find out more on Roth IRAs at https://brainly.com/question/1300867.

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