I posted this on the Retire Early group, but just found this one and would appreciate more comments.

After doing our 2001 taxes, we decided to open a traditional IRA (as I see others have done). We are not qualified for a Roth IRA so that is out. We also cannot deduct the contributions to the IRA.

Do you have recommendations on IRAs? I have seen Vanguard mentioned here quite a bit. Also, do you think opening an IRA is worthwhile to us? Some have indicated that a regular fund would be better.

Thanks!