"Here is my question - could I also contribute $2K to a Traditional IRA? I realize this wouldn't be tax deductible - but at least the contributions would grow tax deferred ( I think, if not, why even do it?)"Yes, even if your AGI is in the millions you can contribute 2K a year to a non-deductible traditional IRA. The earnings on the contributions are indeed tax deferred, and their presence gives you a pool of money you can trade as you wish without worrying about immediate tax consequences. Best wishes, Chris"
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