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Herb and Alice are married and file a joint return. Herb is 74 years old. Alice turned 70 on February 3, 2020. Neither are blind.
Herb is a retired school teacher, but continues to work part-time as a substitute teacher. Alice is retired.
Herb earned $15,000 in wages. They also receive pension and Social Security income and sold some stock. Their combined AGI is $45,000.
Both Herb and Alice are U.S. citizens and have valid Social Security numbers. Herb and Alice cannot make contributions to their traditional IRAs because they are both over 70?