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URL:  http://boards.fool.com/my-household-income-prevents-me-from-contributing-21800085.aspx

Subject:  Re: Some advice please Date:  12/23/2004  2:30 PM
Author:  MaryGoodnight Number:  43694 of 76103



My household income prevents me from contributing to my Roth IA, but I have a 401K and a Traditional IRA. I make non-deductible contributions into into the IRA (Not deductible because I already have the 401k -you're not allowed to deduct both).

Since you don't have a 401K - your contributions to your traditional IRA should be deductible.


MG


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