From: Ignoramus18995 
Newsgroups: misc.invest.financial-plan
Subject: Re: high salary and IRA contributions
Date: Wed, 11 Feb 2004 13:33:18 CST
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	=ww5v

In article , Robert Kim wrote:
> On Wed, 11 Feb 2004, PaulMaf wrote:
> 
>> >From: Ignoramus18995 ignoramus18995@NOSPAM.18995.invalid
>> >Date: 2/11/04 7:18 AM Pacific Standard Time
>> >Message-id: 
> 
> 
> Thank you all for your comments on this issue.  I'm still not sure if the
> general consensus would be for my sister to fully fund a conventional IRA
> or not but now I know she is not eligible for the Roth at all.
> 
> Please keep the comments coming if you have time to post them.  I'm still
> learning from you all.  TIA.
> 
> Bob
> 

She is eligible to make a contribution to a traditional IRA (I am in a
more or less the same boat as your sister). Such contributions would
not be deductible from her income tax, but even so, it is a good deal
due to tax deferral and faster compounding.

i