My income on line 22 of next year's 1040 looks as if it will be close to 133% of the FPL. Can someone confirm that if I make a Traditional IRA contribution it will be deducted from the value on line 22 when calculating my MAGI.
OCCUPY ER, <=>
"The needs of the many outweigh the needs of the few, or the one." - Spock
Retired Mar 2014 at age 52
Target AA: 70% equity funds / 28% TIAA-Traditional/ 2% cash
Target WR: 0.0%,
Income from pension, rent, and eventually SS