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In response to
"
true, but if you contribute to an 401k plan, you lose the tax deductibility of the IRA phases out as your income increases -- nm
"
by
decline
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
Posted by
decline (aka Decline)
Aug 30 '10, 09:35
and depending on your income levels.
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