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.
In some cases, the water may not be hot enough, or it may be so hot that is scalds your skin. You may also hear strange sounds coming from the hot water heater, or you may notice your water heater leaking. However, water heater repair is not always simple.