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July 6, 2007, Newsletter Issue #54: Your Traditional IRA and Tax Deductions

1

Tip of the Week

There is a certain list of criteria that will determine whether or not you can deduct your Traditional IRA contribution. These include:
· Your Tax Filing Status
· Your Modified Adjusted Gross Income
· Your Active Participant Status

By working with your accountant, Financial Planner, and your employer you will be able to determine how much of a tax deduction you qualify for.



2

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