Traditional IRA contributions can be tax deductible or partially tax deductible based on MAGI. In 2014, an individual with a MAGI of up to $70,000 is eligible for at least partial deductibility. There are no income limits on who can contribute to a traditional IRA.
When the water heater breaks / leaks whatever the pressure tank is going to loose pressure telling the pump to come on and the pump will run continually as it can not build pressure to shut it off.
Why would my Water heater trip my circuit breaker? Today I noticed my waterheater had tripped the circuit and then a little later we had a power surge and then my circuit breaker tripped again. Then so far this evening I have had it trip 2 more times. The last couple of times I have heard a grinding sound when the circuit trips. I don't know what to do.