If your 401k plan doesn't provide the fund diversity that you want, investigate other options. Individuals are allowed to make IRA and 401k contributions in the same year, but they must follow specific IRS guidelines. There are many IRAs to choose from, including deductible IRAs, non-deductible IRAs and Roth IRAs.s of 2010, the IRA maximum you may contribute to any IRA is $5,000, or $6,000 if you're 50 or older. IRAs are at least partially-deductible if you earn less than $109,000 adjusted gross income if you're married and filing jointly, and less than $66,000 if you're single.
Two Parts:Flushing the HeaterFinishing UpCommunity Q&A. Water heaters should be flushed every one to three years depending on the model and water source. This helps to control the buildup of mineral deposits. Your water heater will operate more efficiently and this will usually extend the life of the heater. Use this guide to flush your water heater.
Now, if your familyâs needs have outgrown your water heater, it may be time to step up to a unit with a larger capacity tank even though a repair on your current one may be simple. How Long Do Water Heaters Last? As a rule of thumb, water heaters are not designed to last much beyond about 10 to 20 years (more or less). So to answer the question of how long does a water heater lastâ¦ it really depends. If you know how to flush a water heater and perform the steps once a year as well as maintain the unit according to any other manufacturerâs specifications, you can get several more years, but the tank will still fail eventually.