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.
How to Fix a Leaking Water Heater. A leaking water heater is more than just a minor irritation that can be ignored for some time. Since a water heater is frequently placed in the basement or a closet that is not commonly used, even a small leak can cause extensive damage to the floor, sub-floor, and walls of the home before it is spotted.