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Financial Planning / Tax Strategies


Subject:  Re: IRA understanding Date:  12/8/2007  12:55 PM
Author:  TMFPMarti Number:  97115 of 123001

Our 2006 AGI was $72K. Next year I expect it to be higher, perhaps $76K-78K. I make my max $4000 TIRA contribution each year. The box on my wife's W-2 about a retirement plan was checked last year and should be this year, as she contributed $10000 to a 401K.

You: Your traditional IRA contribution is fully deductible. Another respon