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    An additional income tax deduction may be available by contributing to an IRA. However, many people may not realize they qualify to have an IRA. So let’s take a look at the contribution rules.

    One of the things that makes IRAs so complicated is trying to understand the eligibility, maximum contribu

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    buting to an IRA. However, many people may not realize they qualify to have an IRA. So let’s take a look at the contribution rules.

    One of the things that makes IRAs so complicated is trying to understand the eligibility, maximum contribu

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    ualify to have an IRA. So let’s take a look at the contribution rules.

    One of the things that makes IRAs so complicated is trying to understand the eligibility, maximum contribu

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    One of the things that makes IRAs so complicated is trying to understand the eligibility, maximum contribu

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    ted is trying to understand the eligibility, maximum contribution limits, contribution phaseouts, etc. of all the types of IRAs at one time. Technically, there are five types of IRAs: Traditional, Roth, SEPs, SAR-SEPs and SIMPLE. So we are going to limit the discussion here to the traditional IRA.

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