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Chris W. Rea
Chris W. Rea
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401K participant for part of year - Can I contribute to an IRA?

I have participated in my previous employersemployer's 401K plan (traditional and Roth) for three months of 2014. My new employer does not allow participation in their plan until one year of service.

Can I contribute and deduct my contribution to a traditional IRA in 2014? Is any level or time of participation in my previous employer's 401K in 2014 enough to make any IRA contributions non-deductible?

401K participant for part of year - Can I contribute to IRA

I have participated in my previous employers 401K plan (traditional and Roth) for three months of 2014. My new employer does not allow participation in their plan until one year of service.

Can I contribute and deduct my contribution to a traditional IRA in 2014? Is any level or time of participation in my previous employer's 401K in 2014 enough to make any IRA contributions non-deductible?

401K participant for part of year - Can I contribute to an IRA?

I have participated in my previous employer's 401K plan (traditional and Roth) for three months of 2014. My new employer does not allow participation in their plan until one year of service.

Can I contribute and deduct my contribution to a traditional IRA in 2014? Is any level or time of participation in my previous employer's 401K in 2014 enough to make any IRA contributions non-deductible?

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Paul Kearney - pk
Paul Kearney - pk
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401K participant for part of year - Can I contribute to IRA

I have participated in my previous employers 401K plan (traditional and Roth) for three months of 2014. My new employer does not allow participation in their plan until one year of service.

Can I contribute and deduct my contribution to a traditional IRA in 2014? Is any level or time of participation in my previous employer's 401K in 2014 enough to make any IRA contributions non-deductible?