irs traditional ira deduction limits Videos - HiFiMov.co

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By potentially maxing out an IRA and/or a 401(k) (or any other work-sponsored retirement plan) you can sock even more money away for retirement. Roth IRA's are subject to an income-limit phase out and Traditional IRA's can lose their deduction if you have a 401(k) and earn over a certain amount. But the short answer is -- if you CAN fund a Roth IRA and a 401k, go for it!nnWant to check out your status and see if you can fund an IRA, 401k, or both? Here's a great resource from the IRS: https://ww

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