'That '70s Show' Reunion: Cast Sings Show Theme Song Together. While a Friends reunion may be the talk of TV lately, anyone hoping for a That '70s Show gathering may have been met with a welcome surprise if they follow Danny Masterson on Instagram. We need Santa hats and caroling books.
1 If you and your partner file are married filing jointly, the IRA deduction begins to phase out when you reach $98,000 and tops out at $118,000. 2  This represents an increase of $2000 from 2014. If your filing status is head of household or single, your IRA tax deduction starts to phase out when your AGI reaches $61,000 and completely disappears when you reach $71,000.
Eligibility to make Roth IRA contributions is phased out once an individual's income is between $114,000 and $129,000 in 2014 ($181,000 to $191,000 for couples). But investors who earn more than the income cutoff may still be eligible to convert traditional IRA assets to a Roth.owever, if you have a workplace retirement plan, the tax deduction for traditional IRA contributions is phased out for individuals with modified adjusted gross incomes between $60,000 and $70,000 in 2014 ($96,000 and $116,000 for couples).