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.
Average Cost To Repair A Water Heater. The average cost to repair a broken water heater is $483. Most homeowners pay between $244 and $576 to have their broken hot water heaters fixed. The final cost of having a water heater repaired will depend on the age of your water heater, the type of water heater, the scope of the problem and whether additional repairs to the natural gas supply, plumbing or electrical systems are needed.