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

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.

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