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Hi all..

I particiapte in a defined benefit plan at work. And fortunately or unfortunately (depending on how you look at it) I don't qualify for a Roth IRA this year as my income has increased. I am wondering if inclusion in the DBP precludes me setting up a traditional IRA? I thought I remembered reading something about not being able to use a traditional IRA if you were already included in a retirement plan at work.

Please let me know your thoughts.

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