I contributed $23k in my 401k this year, can I also contribute 6k in my IRA account? I am over 50 and making 75k per year.You can contribute $6,500 for 2013. A traditional IRA contribution is fully deductible if your Modified AGI is under $59,000. You can see how to calculate MAGI in Chapter 1 of Publication 590.PhilRule Your Retirement Home Fool
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