I thank you so much for your help. You say the 401k is not tax deductible. Is that because your employer has already adjusted your reportable income? I mean if ...
I am maxing out my 401k at work with 30,000. Are you saying I can still put 8000 in my IRA too? I thought I was limited to 30,500 combined 401k and IRA contribu...
I think I forgot to add my income to that question. I will make 65000. After I contribute 30000 to my 401K, I would like to add to my wife's IRA to lower our ta...