Just want to know if I can lower my taxes by contributing to my traditional IRA. I was not sure if having my 401K counted as being covered by a work retirement plan while I am no longer working?
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Being covered goes by the year, so, if you received a W-2 and the checkmark for retirement plan in Box 13 is checked then you are covered for the year.
Being covered goes by the year, so, if you received a W-2 and the checkmark for retirement plan in Box 13 is checked then you are covered for the year.
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