Net-Teams - Bookmark Tag Non Deductible IRA

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Congress Enacts New Laws Making Iras Better Than Ever! Have you heard of the non-deductible IRA? I'm not referring to the ROTH IRA, but a traditional IRA that many people are stuck with as their only option (for various reasons that make investing in other types of IRAs unavailable).In those cases, the IRS allows you to contribute to a traditional IRA, but NOT take a tax deduction for it.You still get tax-deferred growth, but during retirement your earnings (interest and capital gains) will be taxed, but not the contrib...

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