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>Non-deductible IRA: Don't do it. Any money that comes out of it will be taxed as income -- and your income taxes are not going to get lower.

Only the earnings get taxed when withdrawing. The contributions were previously taxed, so they don't get taxed again.

The taxable account has earnings taxed in the marginal bracket today.
The non-deductible IRA has earnings taxed at future rates which are unknown - but the tax rate will not be uniform - it will be on $0 up to the annual taxable amount of the withdrawal. That may average to less than the marginal bracket I am in today, or it could be more too.
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