I think there also may be some phase-out regulations that prevent rich people from using an IRA at all. Other examples, in 09 and 10, the govt gave you a 30% tax credit on the first $6k you spend on high efficiency upgrades for your home. $6k goes a long ways toward replacing windows in a 1500 f...
I think there also may be some phase-out regulations that prevent rich people from using an IRA at all. Other examples, in 09 and 10, the govt gave you a 30% tax credit on the first $6k you spend on high efficiency upgrades for your home. $6k goes a long ways toward replacing windows in a 1500 f...