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.
The median annual wage for reporters and correspondents was $37,820 in May 2016. The lowest 10 percent earned less than $22,120, and the highest 10 percent earned more than $86,610. Most reporters, correspondents, and broadcast news analysts work full time.