Another WSJ article - with details on the newer tax breaks that came into affect last year. These breaks can be taken for your 2008 return due in April of this year.
Some of these breaks can come into play as a result of the economic downturn – so there could be a little silver lining to this situation. If you have any questions about the breaks, don’t hesitate to ask.
Click the link to pick up a copy of An IRA Owner's Manual or if you'd prefer the Kindle version (and let's face it, ALL the cool kids do!), you can find that at this Kindle version link.Jim Blankenship, CFP®, EA, is an expert in personal retirement, IRAs, and tax issues, with more than 25 years of experience in the industry. Read more from this author

My other book,
And if you've come here to learn about queuing waterfowl, I apologize for the confusion. You may want to discuss your question with Lester, my loyal watchduck and self-proclaimed "advisor's advisor".