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re: Roth IRA Contributions

Posted on 11/12/13 at 10:22 pm to
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 11/12/13 at 10:22 pm to
quote:

arent regular iras not deductible if you have a 401k


Absolutely they're deductible. They're not the same kind of account at all, even though the tax treatment of contributions is similar.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 11/12/13 at 10:31 pm to
Oh ok

Thought I had seen somewhere you couldn't deduct Ira if you made a certain amount and had a 401k

LINK

I have a roth anyway so not a big concern to me as of now
This post was edited on 11/12/13 at 10:34 pm
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