Comments on: Tuesday Tax Tip: Fund a Traditional IRA to Reduce Your Taxes http://ptmoney.com/2009/02/10/tuesday-tax-tip-fund-a-traditional-ira-to-reduce-your-taxes/ Real Personal Finance for a Life Without Limits! Sat, 20 Mar 2010 15:01:41 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Dave Ramsey’s 7 Baby Steps: Step 4 - Invest 15% Of Household Income | Bible Money Matters http://ptmoney.com/2009/02/10/tuesday-tax-tip-fund-a-traditional-ira-to-reduce-your-taxes/comment-page-1/#comment-3193 Dave Ramsey’s 7 Baby Steps: Step 4 - Invest 15% Of Household Income | Bible Money Matters Wed, 18 Feb 2009 15:14:50 +0000 http://ptmoney.com/?p=1921#comment-3193 [...] your company 401k,  Roth IRA or other investment,  Dave suggests allocating your investments with a good mix of mutual funds.  [...]

[...] your company 401k,  Roth IRA or other investment,  Dave suggests allocating your investments with a good mix of mutual funds.  [...]

]]> By: PT http://ptmoney.com/2009/02/10/tuesday-tax-tip-fund-a-traditional-ira-to-reduce-your-taxes/comment-page-1/#comment-3136 PT Tue, 10 Feb 2009 15:29:32 +0000 http://ptmoney.com/?p=1921#comment-3136 Yep, those are the two big limitations. Thanks for sharing them, John. Yep, those are the two big limitations. Thanks for sharing them, John.

]]> By: john http://ptmoney.com/2009/02/10/tuesday-tax-tip-fund-a-traditional-ira-to-reduce-your-taxes/comment-page-1/#comment-3135 john Tue, 10 Feb 2009 15:17:19 +0000 http://ptmoney.com/?p=1921#comment-3135 Note that if you are already covered by a retirement plan at work, i.e. a 401k or 403b, then there are income limits that come into play. If your adjusted gross income is over $105k you will not qualify for the traditional IRA deduction as described here. Note that if you are already covered by a retirement plan at work, i.e. a 401k or 403b, then there are income limits that come into play. If your adjusted gross income is over $105k you will not qualify for the traditional IRA deduction as described here.

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