Quote:
Originally posted by 84porsche
Yup and I believe the limit is still $3,000. You have to look at your taxable income as well because I believe it starts phasing out at a certain level. It has been a couple of years since I have done tax work.
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Phase out? Were way beyond that. I get no tax benefits, I just want to sock away another 4k for retirement and have it grow tax deferred.