Thread: IRA or Roth IRA
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Old 09-06-2004, 02:30 AM
terry1156 terry1156 is offline
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Default Re: IRA or Roth IRA
nsusa,

Yes, that is correct. If you earn too much income, or already participate in a 401(k) or similar retirement plan, your tax-deductible contributions to a regular IRA are gradually phased out.
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