I'm a retired DoD civilian annuitant widower aged 69. Can I reduce my 2016 federal tax liability by funding a Traditional IRA with Schwab for $6500.00 b4 Apr 18, 2017?
I'm a retired DoD civilian annuitant widower aged 69. Can I reduce my 2016 federal tax liability by funding a Traditional IRA with Schwab for $6500.00 b4 Apr 18, 2017?
ROTH IRA contributions are not deductible and such a contribution would not affect the tax you owe at all.
I'm a retired DoD civilian annuitant widower aged 69. Can I reduce my 2016 federal tax liability by funding a Traditional IRA with Schwab for $6500.00 b4 Apr 18, 2017?
ROTH IRA contributions are not deductible and such a contribution would not affect the tax you owe at all.
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