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.
One sign that you might have a water heater leak is if you donât have hot water coming through other fixtures in your home. The leak may have put out the pilot light and stopped the heater from producing any more hot water. Another sign is if the temperature and pressure relief valve starts to drip or release a stream of water.