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Traditional IRA Tax Deductions

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Travis Sickle

In this video, I talk about the traditional IRA tax deductions. The traditional IRA can lower your taxable income. It's also a great way to save for retirement.

The traditional IRA can lower your taxes and increase your tax refund. The IRS reported lower tax refunds for 2018 and using a traditional IRA can lower your taxable income and boost your tax refund.

If you also use a 401k you can lower your taxable income and if you earn too much you could lower your taxable income to qualify for a traditional IRA.

There are income limits that you need to know.
   • 2019 contribution limits | Roth IRA, ...  

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TRAVIS T SICKLE, CFP®, EA®, AAMS®, CRPC®, RICP®
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Information in this video is for educational and entertainment purposes only.
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posted by angawiim