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.
If the water heater is old and corroded, cleaning the sediment from the water and sanitizing by chlorination could cause the water heater to leak. Procedure for Sanitizing of Hot Water Heaters to Eliminate Odors. 1  1. Turn off the manual switch if the water heater is electric. 2  For gas heaters, turn the control to Pilot.