They are safe indefinitely while frozen. However, as soon as they begin to thaw and become warmer than 40 Â°F, bacteria that may have been present before freezing can begin to multiply. Perishable foods should never be thawed on the counter, or in hot water and must not be left at room temperature for more than two hours.
Retirement plan at work. There's a third set of rules that come into play when you're covered by a retirement plan at work that affects Ashley's ability to take a deduction for an IRA contribution. Like the second set, deductible traditional IRA contributions are determined by tax filing status and MAGI.
Here's how it works: 1  Open a traditional IRA with your IRA custodian of choice. 2  Make a fully nondeductible contribution to your traditional IRA. 3  Next, convert the traditional IRA balance into a Roth IRA. 4  Repeat this process every year that your MAGI is too high to allow you to make a direct contribution to your Roth IRA.5,500 - $3,575 = $1,925 taxable conversion balance. If you have one or more IRAs that you funded with deductible contributions, even the back-door strategy cannot keep you from owing taxes on a Roth conversion. You can't open a second IRA and roll over only that second account and owe no taxes, as in Situation 1.