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Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

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To: sweez who wrote (2770)2/4/2000 12:28:00 PM
From: Dan Duchardt  Read Replies (2) of 5810
 
sweez,

One of the experts here (Kaye Thomas) has a nice web site you might want to check out

fairmark.com

Quoting from the page

Your Roth IRA contribution is not reduced or otherwise affected by any contribution you make to a 401k plan or 403b plan. (Technically these amounts are contributed by your employer, not by you.)

It's the same for a traditional IRA.

I'm not 100% positive, but I don't think the income limitations for the Roth apply to a traditional IRA. Everyone can do the traditional.

Dan

ED: See the reply
Message 12778282

Thanks OX
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