Am I eligible for a tax deductible IRA in 2011?

Jane · 2011-03-15T00:35:31+00:00

I am single and over 65. I work part time and earn about 30K, 60% ofwhich goes into a 401k. My AGI for 2011 will be about $57,500. If I put the full $6K in for2011, how much of that can I deduct?Thank you.

Mar 15, 2011 20 Replies

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D. Stussy 15 years ago

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Note that I never said that the earnings would be income tax free.

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Am I eligible for a tax deductible IRA in 2011?

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