Dhatch asks:<<Dear Pixy:I know you referred to something of potential interest and importance with "Your wife's is entirely deductible if you want it to be."Please tell me what you had in mind, because all sorts of strange scenarios have been running through my head.>>It's not anything earth-shaking. Some folks like the idea of a tax deduction, and a non-working spouse's IRA contribution is now fully deductible regardless of the working spouse's coverage by a retirement plan. The same contribution to the same investment results in the same net proceeds in retirement if taxes are the same then as now, so the choice of traditional versus Roth is a toss-up under those conditions.Regards….Pixy
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra