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.
If the hot water heater is rusted out and breaks open the water going into the tank will continue to flow causing a flood. Now it won't each the first floor of your house like in the commercials,but it can cause a lot of damage as any amount of water would. Sheila Â· 6 years ago. Thumbs up.