deductible Traditional IRA

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upss
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deductible Traditional IRA

Post by upss »

Do You know any limitation for deductible Traditional IRA for 2001? Does income, for instance, effect on possibility to open such IRA account?
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thinker
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Joined: 29 Aug 2000 09:01

deductible Traditional IRA

Post by thinker »

Если у вас Traditional IRA от вашего работодателя то читайте вот это:

Contributions to a traditional IRA may or may not be deductible in the tax year made, depending on the owner's income tax filing status, adjusted gross income (AGI), and eligibility to participate in a tax-qualified retirement plan through employment. If the traditional IRA owner participates in an employer's qualified retirement plan on any day in the tax year, the deductibility of contributions declines to zero between certain AGI ranges as shown in the following table.

Табличка вот здесь:

http://www.fool.com/money/allaboutiras/allaboutiras01.htm

Если у вас Traditional IRA у брокера, а от работодателя ничего нет то:

A working spouse not covered by a retirement plan through employment may make a tax-deductible contribution of up to $2,000 annually to an IRA despite the other spouse's coverage under an employer-provided retirement plan. When the couple's AGI reaches $150,000, deductibility for such contributions begins to decline, and it reaches zero at a joint AGI of $160,000.

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