E
Extortion
Guest
What is the name of your state? SC
I have earned no $$ in 2002.
Other than the sale of my house, my income has been about $8K from a Deferred Income annuity and about $2K from Social Security.
Could I put $2K in my IRA and take a deduction for contributions to my traditional IRA?
If I can make a deposit to my IRA, am I limited to $2000?
Thanks for your help.
JJ
I have earned no $$ in 2002.
Other than the sale of my house, my income has been about $8K from a Deferred Income annuity and about $2K from Social Security.
Could I put $2K in my IRA and take a deduction for contributions to my traditional IRA?
If I can make a deposit to my IRA, am I limited to $2000?
Thanks for your help.
JJ