What is the annual contribution limit for a Traditional and a Roth IRA? 2. Your client had a Modified Adjusted

What is the annual contribution limit for a Traditional and a Roth IRA? 2. Your client had a Modified Adjusted Gross Income (MAGI) of $80,000, and he would like contribute to an IRA. What would you recommend? 3. Are there any benefits to having an IRA if you already have an employer -sponsored 401K ? Why or why not?

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