SIE Exam Question 209: Answer and Explanation

Question: 209

What is the income limit for single individuals to contribute to a Roth IRA in TY 2020?

• A. $120,000
• B. $122,000
• C. $139,000
• D. $155,000

Correct Answer: C

Explanation:

The income limit for single individuals to contribute to a Roth IRA in TY 2020 is $139,000.