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.
1 This is a definite sign that something is wrong, and you should turn off the water heater power to the unit and call in a professional. 2  Leaking water can cause water damage to the room the unit is in, and you do not want any more water going into the unit. 3  You may see rust or what appears to be sediment in your water.