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if for tax year 2008, i contributed to my 401(k) at work, can i contribute the $5k max to an IRA and still reap the tax benefits? another question...... when we moved, my wife left some retirement funds from her previous job. i was hoping to open a rollover IRA to transfer those funds. if i were to open the rollover IRA, could i contribute the $5k max to that account and still reap the tax benefits?
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