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I'm seeking out info and opinions regarding contributing to a traditional IRA even if I can't take the deduction. My ROTH's are fully funded, my wife is maxed on her 401k and my employer has a noncontributory P/S plan.

Can I still contribute to my traditional IRA?


If you have fully funded a Roth IRA, you cannot make any additional contributions to an IRA account for that tax year. You are limited to a total contribution of $3000 ($3500 age permitting) across all IRA accounts.

If you have additional money you want to invest, a taxable account is probably the way to go. If you follow a LTBH strategy in your taxable account, you will reduce the tax impact to some degree.

dt
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