Answer by tamarawilhite (17883). If it is a traditional IRA, you can deduct that amount off your income taxes. If it is a Roth IRA or Roth 401K contribution, the money comes out of your post-tax income and does not reduce your income taxes.
Reports last week revealed that around 20 actors, presenters and journalists are paid more than Â£500,000 by the BBC, but Sir Michael's promise to MPs that the corporation would publish more precise pay bands will not be upheld following legal advice.
Nick Robinson leaves BBC political editor role. Read more about sharing. The BBC's political editor Nick Robinson is to step down from his role after 10 years. He will replace James Naughtie on the presenting team of BBC Radio 4's Today programme. Robinson will also report and present across television and radio for BBC News and Current Affairs.