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Chris writes:

A SEP plan is for self employed, unless you can talk your company into setting one up.
You CAN put $2000 a year into a traditional IRA since your company doesn't cover you under a retirement plan. It won't be deductible,...

That's not quite true. In this case, the poster has no retirement plan of any type available at work. Therefore, the contribution to a traditional IRA would be fully deductible unless he/she is married to a spouse who DOES participate in a retirement plan and their joint AGI exceeds $150K for the year.

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