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Adjusted Gross Income Roth Ira

Posted by admin on July 29, 2010 · Leave a Comment 

Question: Which of the following reduce an individuals adjusted gross income, Traditional IRA or Roth IRA, both or none?

I know or at least am certain the Traditional IRA correct but I am not sure if the Roth would be.
Thank you to everyone.

Answer: only the traditional

Deficit Moves: Work Longer, Fund A Roth And Avoid Long-Term Bonds

Washington is dithering over the deficit, but you can’t afford to. Work longer, fund a Roth and steer clear of long-term bonds.

Contribution Limits for ROTH 401K/IRA or Traditional 401K/IRA


Filed under Gross Income · Tagged with account, adjusted gross income roth ira, income, ira, modified adjusted gross income roth ira, modified adjusted gross income roth ira 2010, money, taxes

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