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J
jediwhippet
April 3, 2025
Question

Is there a tax benefit to contributing to a traditional IRA for 2024 if my MAGI is about $165,000?

  • April 3, 2025
  • 1 reply
  • 0 views
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1 reply

T
ThomasM125
April 3, 2025

The contribution would benefit you provided you don't have a retirement plan at work. If you have that, it would not be allowable because of your income level. 

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