A husband and wife wish to open a spousal ira. the wife works while the husband does not. what is the permitted maximum contribution to this spousal ira for the year 2021?

Answers

Answer 1

For the year 2021, the permitted maximum contribution to a spousal IRA is determined by the individual's earned income. In the case of a spousal IRA, the non-working spouse can contribute up to the annual limit or the working spouse's earned income, whichever is less.

As of 2021, the annual contribution limit for IRAs is $6,000 for individuals under the age of 50. However, if the individual is 50 years or older, they can make an additional catch-up contribution of $1,000, bringing the total limit to $7,000.

In the given scenario, since the wife is the only one working, the maximum contribution to the spousal IRA would be limited to her earned income for the year 2021. For example, if the wife earned $4,000 in 2021, the maximum contribution to the spousal IRA for both the husband and wife would be $4,000. It's important to note that IRA contribution limits can change over time, so it's always advisable to check with the latest IRS guidelines or consult a financial advisor for the most accurate and up-to-date information.

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Related Questions

The firm's multi-brands strategy is: Group of answer choices Entering multiple products in different markets. Pricing differently to different customers. Selling the same product under two or more different brands. Offering multiple products under different brands. None of these answers is correct.

Answers

The correct answer would be "Selling the same product under two or more different brands." The firm's multi-brands strategy refers to the practice of marketing and selling the same product or service under different brand names.

This approach allows the company to target different market segments, cater to diverse consumer preferences, and create brand differentiation. By leveraging multiple brands, the company can address various customer needs, enhance market coverage, and potentially increase overall market share.

Each brand may have its own unique positioning, messaging, and target audience while offering essentially the same product or service.

This strategy is commonly employed in industries such as consumer goods, where companies create sub-brands to appeal to different consumer segments or market niches.

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Write a scenario that will help you understand the following word or topic and show me that you understand their importance.

Criticism - is the practice of judging the merits and faults of something. Criticism as an
evaluative or corrective exercise can occur in any area of human life. In specific areas of
human endeavor, the form of criticism can be highly specialized and technical; it often requires professional knowledge to understand the criticism.

Answers

Criticism is the practice of judging the merits and faults of something. Criticism as an evaluative or corrective exercise can occur in any area of human life.

Write a scenario that will help you understand criticism?

You are a film director and your latest film has just been released. You're excited to see what people think of your work, but when you read the reviews, you are met with a lot of criticism. Some reviewers claim the acting was lackluster, others say the plot was confusing, and a few even say that the special effects were underwhelming.

At first, you feel disheartened and defensive. But after some reflection, you realize that criticism can be a valuable tool for growth and improvement. You start to take the criticism seriously and use it to inform your future work. You work on improving your acting direction, make sure that your plots are clearer, and pay more attention to the special effects.

A year later, you release a new film and it is met with widespread praise. Critics call it a major improvement over your previous work and praise the acting, plot, and special effects. You realize that criticism is an important part of the creative process and can help you become a better filmmaker.

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Outsourcing is becoming more and more common, but it is a controversial idea in the United States. Why do you think this is such a highly contested idea? Do you think outsourcing is a good idea or a bad one? Explain the reasons for your answer.

Answers

Answer:

Outsourcing is a contested idea because the original company loses control of the job they are trying to complete. Outsourcing is a bad idea because it also causes jobs to be lost.  (you might want to change the wording a bit.)

Explanation:

an in-house center and education facilitythat offers a wide range of learning opportunities for Disney employees. Disney University would be considered a(n) ______________ . a. learning community b. assessment center c. orientation center d. on-the-job training center e. corporate university

Answers

Disney University would be considering a learning community  in case they need an in-house center and education facility for their employees.

What is learning community all about?

A learning community serves as  cohort of students that needs to achieve some academic goals.

They work collaboratively in the classroom with one or more professors and do get wide range of learning opportunities.

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Disadvantages of choosing a job that is extremely popular or in demand

Answers

The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

What is a high demand job?

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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In order for a check to be legal tender it must be?
O Authorized
O Certified
Signed
O Processed

Answers

Answer:

certified signed

Explanation:

that signature come from police

Answer:

certified signed

Explanation:

The check only have power or in other words legit when only have the certification from the bank or the treasury.

3. Assuming that you have 15 cylinders and an unlimited supply of the remaining parts: a. How many complete race cars can you make? Show your work. b. How many of each remaining part would be needed to make this number of cars?

Answers

Assuming that we have 15 cylinders and an unlimited supply of the remaining parts, let's first determine how many complete race cars we can make.

To make one race car, we need the following parts:
- 1 engine (which consists of 8 cylinders)
- 4 wheels
- 1 steering wheel
- 1 chassis
- 1 seat

Since we have 15 cylinders, we can make 15/8 = 1.875 engines, but since we can't have a partial engine, we can only make 1 engine. Therefore, we can make a maximum of 1 race car.

To make this one race car, we need:
- 1 engine (8 cylinders)
- 4 wheels
- 1 steering wheel
- 1 chassis
- 1 seat

So we need a total of 8 + 4 + 1 + 1 + 1 = 15 of each remaining part to make this one race car.

Therefore, we can make only one complete race car with the given supplies.

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Explain the role of public relations in developing and maintaining a corporate image.

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By overseeing communication and relationships between an organisation and its stakeholders, public relations plays a critical part in creating and sustaining a company image.

To influence the perception, reputation, and overall image of the business, strategic communication is used. To improve the public's view of the company, public relations experts take part in activities like media relations, crisis management, community involvement, and employee communications. Public relations contributes to the development of trust, credibility, and goodwill among stakeholders by clearly articulating the company's ideals, accomplishments, and social responsibility efforts. It helps build the company's brand, draw in clients, investors, and talent while minimising reputational hazards.

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what is the meaning of market variable in maketing​

Answers

Answer:

market is for people low budget and the markering is people qho want earn money in online

what is the dress code for an interview? group of answer choices it depends on the culture of the organization all of the above polo shirt and pants a suit

Answers

What ought we to dress for the interview, it depends on the culture of the organization. (OPTION A)

Dress professionally by wearing dark colored, fitted jeans or business pants. A midi or knee-length skirt can also be worn. Wear closed-toed flats or modest heels as your shoes. Avoid low-cut tops and opt for a well-fitting blouse or shirt.

What not to wear to a job interview?

Flip flops, wedge sandals, ripped jeans or shorts, tank tops, halter tops, sandals, strapless tops and skirts, and athletic wear like yoga pants and sneakers are all examples of clothing that is never appropriate for a job interview.

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Longhorn paid Cattleman's $82,920 to acquire all of its assets and liabilities. Longhorn should record goodwill on this purchase of:

Answers

Longhorn should record goodwill on this purchase of $82,920.

Goodwill is an intangible asset that arises when one company acquires another company for a price higher than the fair value of its net identifiable assets. In this case, Longhorn paid Cattleman's $82,920 to acquire all of its assets and liabilities. Since the purchase price exceeds the fair value of Cattleman's net identifiable assets, Longhorn should record goodwill.

Goodwill represents the value of the reputation, brand, customer relationships, and other intangible assets of the acquired company that are not separately identifiable. It reflects the future economic benefits that Longhorn expects to gain from the acquisition. Goodwill is recorded as an asset on Longhorn's balance sheet.

Therefore, Longhorn should record goodwill on this purchase of $82,920 because the purchase price exceeds the fair value of Cattleman's net identifiable assets. Goodwill represents the intangible value that Longhorn expects to gain from the acquisition.

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You will need to pay a 15.3% self-employment tax if you earn $1,100 in a year... *
1 point
Babysitting your cousin’s kids
Screen printing and selling custom made t-shirts
Working at the local ice cream store
Interning at a local design company

Answers

Answer:

D interning at a local design company

What type of advertising aims to spread a particular social message or to promote public welfare?
A.
corporate advertising
B.
retail advertising
C.
product advertising
D.
public service advertising

Answers

Answer:

D, Public service advertisements

public service advertising - option D

Question 7 of 10
Zack buys 40 shares of eBay at the close price of $20.95. His broker charges
him 4% of each share as a transaction fee. How much did Zack spend in total
to buy this stock?
A. $838.00
B. $871.52
C. $856.28
D. $891.46

Answers

The cost of each share is $20.95, and Zack buys 40 shares, so the cost of the shares is 20.95 * 40 = $838.00.

Zack's broker charges him 4% of each share as a transaction fee, so the total transaction fee is 0.04 * 20.95 * 40 = $33.28.

Therefore, the total cost of the transaction is $838.00 + $33.28 = $871.28.

The correct answer is B. $871.52.

When Patey Pontoons issued 6% bonds on January 1, 2021, with a face amount of $760,000, the market yield for bonds of similar risk and maturity was 11%. The bonds mature December 31, 2024 (4 years). Interest is paid semiannually on June 30 and December 31. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

Answers

The bond price is $570,132. To calculate the bond price, we need to find the present value of all future cash flows using the market yield of 11%.

First, we need to calculate the semiannual coupon payment:

Coupon payment = Face amount x coupon rate / 2 = $760,000 x 6% / 2 = $22,800

Next, we need to determine the number of semiannual periods remaining until maturity:

Number of semiannual periods = 4 years x 2 = 8

Using the present value of an annuity due (PVAD) table with n = 8 and i = 5.5% (11%/2), we can find the present value of the semiannual coupon payments:

PV of coupon payments = $22,800 x 6.390 = $146,052

Using the present value of a single amount (PV) table with n = 8 and i = 5.5%, we can find the present value of the face amount at maturity:

PV of face amount = $760,000 x 0.558 = $424,080

The bond price is the sum of the present values of the coupon payments and face amount:

Bond price = PV of coupon payments + PV of face amount

Bond price = $146,052 + $424,080 = $570,132

Therefore, the bond price is $570,132.

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sarah, lewis, and tony are working together to organize a company party. this is an example of: cooperation collaboration. communication. flexibility.

Answers

The situation involving Sarah, Lewis, and Tony working together to organize a company party is an example of collaboration.

Collaboration is the process where individuals or groups work together to achieve a common goal. In this case, the common goal is organizing a successful company party.

Collaboration often involves cooperation, communication, and flexibility. Cooperation is the willingness of individuals to work together and support each other. In this scenario, Sarah, Lewis, and Tony must cooperate to make the party a success by sharing responsibilities and tasks. Communication is the exchange of information between individuals to ensure everyone is on the same page. Sarah, Lewis, and Tony need to communicate effectively to coordinate their efforts and avoid misunderstandings.

Flexibility is the ability to adapt to new situations and changing circumstances. As they organize the party, Sarah, Lewis, and Tony might need to be flexible if they encounter unexpected challenges or changes in plans.

Overall, collaboration is the key term to describe this situation, as it encompasses the cooperation, communication, and flexibility needed for Sarah, Lewis, and Tony to work together effectively in organizing the company party.

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A qualifying home office is a space used ______.
A) exclusively for business activities on an infrequent basis
B) regularly for business activities
C) exclusively for business activities on a regular basis

Answers

A qualifying home office is a space used exclusively for business activities on a regular basis.

This means that the space is used only for business purposes and not for personal activities, and that it is used on a regular and ongoing basis for conducting business. In addition, the home office must be the principal place of business or used for meeting with clients or customers in the normal course of business.. Additionally, the space must be used on a regular basis for business activities, meaning that it is not used only occasionally or sporadically. If a space meets these requirements, it may be eligible for a home office deduction, which can allow taxpayers to deduct expenses related to the use of their home for business purposes.

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What does the economy in paraguay consist of?.

Answers

The economy in Paraguay consists of a mix of agriculture, manufacturing, and services.  

Agriculture accounts for a significant portion of the country's GDP, with products such as soybeans, corn, and wheat being major exports. Additionally, Paraguay has a strong manufacturing sector, particularly in the production of textiles, processed foods, and steel products.

The agriculture sector is a major contributor to Paraguay's economy, with crops such as soybeans, corn, wheat, and cotton being the primary agricultural products. Livestock farming, particularly cattle, is also important. The manufacturing sector includes food processing, textiles, and automobile assembly.

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WILL MARK BEST ANSWER BRAINLIEST

Write a professional email using the following scenario:
The manager is going to a conference in another city. She would like her assistant to book the flight and hotel.

Answers

A professional email based on the given scenario would sound like the following:

To: Assistant

From: Manager

Subject: Flight and Hotel Booking for Chicago

Date: January 28, 2022

Hi,

Please book my flight and hotel reservations for the upcoming conference in Chicago from February 7, 8:00 am to February 11, 2022 (5:00 pm).

Do not forget the company's favorite airline and hotel for the bookings.

Regards,

Tony

Thus, while the email sounds professional, it may be more conversational than formal since it is a workplace request.

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a) From the following list, decide which items are human needs and which wants:
luxury house
Shelter
Coca-Cola
car
clean water
designer jeans
clothing.

Answers

Answer:

needs: shelter, clean water, clothing

wants: luxury house, coca cola, designer jeans

Explanation:

while the rest are pretty straightforward a car is only a want because you don't necessarily need it, there are public transport

Needs:

Shelter

Clean Water

Clothing

Wants:

Luxury House

Coca-Cola

Car

Designer Jean

Conduct online research on different types of cover letters. Observe the cover letters and list the strong points of each cover letter. Based on the observations of different cover letters, create a cover letter of your own, assuming that you are applying for a company of your choice.

Answers

Answer:

the investigation of encyclopedia in the photosynthesis of America

Explanation:

The water flies ontop the bridge challenge to them


The GUI is an index used by the OS to manage computer files,
O False
O True

Answers

Answer: I think it's true

Customers and competitors are within the ______ market environment and must be considered during marketing strategy planning.

Answers

Customers and competitors are within the direct market environment and must be considered during marketing strategy planning.

What is marketing strategy ?

A marketing strategy  can be described as the  business's overall game plan that is been used in reaching prospective consumers as well as  turning them into customers of their products or services.

It should be noted that Customers and competitors are within the direct market environment and must be considered during marketing strategy planning.

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The normal balance side of any revenue account is the

Answers

Answer:

The answer is the debit side

Golf Shafts, Inc. (GSI), produces graphite shafts for several manufactures of golf clubs. Two GSI manufacturing facilities, one located in San Diego and the other in Tampa, have the capability to produce shafts in varying degrees of stiffness, ranging from regular models used primarily by average golfers to extra stiff models used primarily by low-handicap and professional golfers. GSI just received a contract for the production of 200,000 regular shafts and 75,000 stiff shafts. Both plants are currently producing shafts for previous orders, which means that neither plant has sufficient capacity by itself to fill the new order. The San Diego plant can produce up to a total of 120,000 shafts and the Tampa plant can produce up to a total of 180,000 shafts. Because of equipment differences at each of the plants and differing labor costs, the per-unit production costs vary as shown here:
San Diego Cost Tampa cost
Regular shaft $5.25 $4.95
Stiff shaft $5.45 $5.70
Suppose that resources are available to increase the production capacity at the Tampa plant by an additional 10,000 units. Would this option be feasible? Also, what impact will this have on the Objective Function value? Explain.Golf Shafts, Inc. (GSI), produces graphite shafts for several manufactures of golf clubs. Two GSI manufacturing facilities, one located in San Diego and the other in Tampa, have the capability to produce shafts in varying degrees of stiffness, ranging from regular models used primarily by average golfers to extra stiff models used primarily by low-handicap and professional golfers. GSI just received a contract for the production of 200,000 regular shafts and 75,000 stiff shafts. Both plants are currently producing shafts for previous orders, which means that neither plant has sufficient capacity by itself to fill the new order. The San Diego plant can produce up to a total of 120,000 shafts and the Tampa plant can produce up to a total of 180,000 shafts. Because of equipment differences at each of the plants and differing labor costs, the per-unit production costs vary as shown here:
San Diego Cost Tampa cost
Regular shaft $5.25 $4.95
Stiff shaft $5.45 $5.70
Suppose that resources are available to increase the production capacity at the Tampa plant by an additional 10,000 units. Would this option be feasible? Also, what impact will this have on the Objective Function value? Explain.

Answers

Yes, it is feasible for the production capacity at the Tampa plant to be increased by an additional 10,000 units, and this would have a positive impact on the objective function value.

The objective function is the function that is used to optimize or minimize a variable, which in this case is the cost of production. When the production capacity of the Tampa plant is increased, it will be able to produce 190,000 shafts in total.

This is more than the 75,000 stiff shafts that are required for the new order. Therefore, it will be possible to produce all the shafts required for the new order. The additional 10,000 units will have an impact on the per-unit production costs at the Tampa plant.

The cost per unit for stiff shafts is $19.20, and the cost per unit for regular shafts is $14.40. The increase in production capacity at the Tampa plant will reduce the cost per unit for both types of shafts, resulting in a lower total production cost for the company. Therefore, the objective function value will be lower, which is desirable for the company.

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A certified financial advisor, who works for an accredited nonprofit specializing in
helping consumers repay debt in a responsible manner through education,
budgeting, and other tools

Answers

Answer:

credit counselor

Explanation:

A credit counselor is a certified professional whose work entails guiding clients to repay off their debts.  A credit counselor is an expert in money management, personal budgeting, and debt control. He or she helps a client develop a debt repayment plan and may negotiate lower interest rates with creditors.

A credit counselor works in a  non-profit making organization that offers credit counseling services. They offer advice on finance and money management and educates clients on their preparing personal budget

QUESTION 8 of 10: In a percentage lease, the landlord receives a
a) Assets
b) Expenses
c) Accounts payable
O d) Revenue
Submit

Answers

Answer:

d)revenue

Explanation:

the landlord receives a percentage of revenue earned from any business in addition to the base rent.

In a percentage lease, the landlord receives a revenue. Option d is correct.

What is percentage lease?

A percentage lease is defined as one in which the tenant pays a base rent plus a percentage of any money generated while operating a company on the rental property.

A percentage lease pays the landlord a percentage of any business's revenue in addition to the base rent.

In comparison to a standard lease, the base rent is usually lower. The lower base rent is balanced out by the higher upside potential of a percentage lease.

Therefore, option d is correct.

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__________ visually shows that the total revenue curve and the total cost curve intersect at a point of zero profit.

A) break-even chart

B) Gantt chart

C) sales response function

D) cross tabulation

E) demand curve

Answers

Answer:

C it would be hope this helped

What is planning in SDLC?

Answers

Start planning your project in the SDLC once the requirements have been met and you are clear on the project's scope.

The following are the details you must be absolutely clear about when planning your project:

The project's scope must be clearly defined and agreed upon with the client.

Estimating costs.

estimation of risk.

The project will need certain resources.

Project-related technology

estimate of the time.

clients' anticipations

Project quality requirements.

if the project has more modules

upkeep of the project.

If you included all of the aforementioned factors in your project's scope during SDLC planning, your design,

Don't forget to finalize the project plan's scope and plan with the client after it is completed.

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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???

Answers

Answer : Monopolistic competition

Answer:

Monopolistic Competition

Explanation:

In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.

Other Questions
Connotation isA)the suggested meaning of a word.B)the dictionary definition of a word.C)the opposite meaning of a word.D)the least common meaning of a word. the marginal cost for printing a paperback book at a small publishing company is m c ( p ) = $ 0.014 per page, where p is the number of pages in the book. a 530 page book has a $20.29 production cost. Find the production cost function C(p). What is the value of y in the solution to the system of equations?1/3X + 1/4Y = 12X - 3Y = -30A. -8B. -3C. 3D. 8 The length of 12cm and 5 cm missing one true or false? "Because in a randomized controlled trial (RCT), the assignment is random, therefore there is no coverage bias---by definition" g 15. The Great Awakening of the 1740s refers to a. the beginning of a colonial revolt with Great Britain. b. the introduction of the printing press in America. c. the spread of enlightenment ideals. d. the British attempt to implement imperial controls. e. a massive religious revival. Which is an example of credit? Select all that apply Checking account interest income morgage payments savings account student loan Pedros book weighs 194 pounds. blancas book weighs 177 pounds. use estimation to determine about how much more pedros book weighs than blancas. A bag contains 7 red marbles and 4 blue marbles.A marble is taken at random from the bag and replaced.Another marble is taken from the bag.Work out the probability that the two marblestaken from the bag are the same colour. 27. Choose a marking tool with a similar color to the fabric yet still visible When you return after traveling through a sandstorm a routine service should be scheduled to change the ___________, oil filter and the oil A metal plate, with constant density 5 g/cm, has a shape bounded by the curve y = x and the x-axis, with 0 SX S2 and X. y in cm. (n) Find the total mass of the plate mass (include units) (b) Sketch the plate. Using your sketch, is less than or greater than 1? A greater than B. less than (c) Find x X= include units Note: You can earn partial credit on this problem Preview My Answers Submit Answers (1 point) Find the centroid of the region lying between the graphs of the functions y = 9 sin x and y = 9 cos x over the interval [ 41. *CM = YCM = Note: You can earn partial credit on this problem. Im struggling PLSSSSSSSS HELPPPP 16) which one of the following types of t cells is a critical component of the immune system because it stimulates and enhances the activity of other components of the immune system? If f(x) = -x^2 +5z and g (x) = 2x-4 find Express the number 4.6 x 108 in standard form When two parallel lines are cut by a transversal, which of the statements is NOT true? Corresponding angles are congruent. Alternate interior angles are congruent. Same-side interior angles are congruent. Vertical angles are always congruent. Write the equation of a line passing through the point (6, 4) that is parallel to the line 2x + 3y = 9. what type of dns record holds the dnssec public signing key? A vehicle driven by rear wheels on a level road has a wheel base of 3 m and the center of gravity of 800 mm above the road level. The center of gravity is 1.95 m in front of the rear axle. The coefficient of friction between the wheels and the road is 0.5. Calculate: a) The maximum acceleration of the vehicle without slipping of the wheels. (b) The maximum acceleration of the vehicle if the rear brakes are applied.