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In response to
"
Yes you can. It's an IRA. Though there are different styles of IRA, some of which are pre-tax and others of which aren't. -- nm
"
by
pmb
true, but if you contribute to an 401k plan, you lose the tax deductibility of the IRA phases out as your income increases -- nm
Posted by
decline (aka Decline)
Aug 30 '10, 09:34
(No message)
Responses:
hmm, kind of garbled. Traditional IRA's are tax deductible (essentially making them pre-tax) but only 100% if you are not coved by a 401k
-
decline
Aug 30, 09:35
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