Rudolph is a town in Wood County, Wisconsin, in the United States. As of the 2000 census, the town population was 1,161. The Village of Rudolph is located within the town.
If you (or your spouse, if applicable) are covered by an employer retirement plan, you can still make contributions to a traditional IRA, but depending on your income, they may qualify as partially tax-deductible or totally non-tax-deductible IRA contributions. Details are provided at irs.gov:
A Roth IRA is not tax deductible when you make the contribution. That means you cannot subtract the amount you contribute from your tax return. In exchange, you can withdraw the amount tax-free when you reach 59 1/2-years-old. You also get to take out your earnings tax free.ince you were able to deduct the amount of the traditional IRA from your taxes the year you contributed, you now have to pay the taxes on the amount when you convert it to a Roth IRA. Report the amount on line 15b of the 1040.