If you don't qualify for the tax deferral benefits of a traditional IRA (and obviously then also don't qualify for a Roth), is it worth bothering with an IRA at all or better to invest otherwise?With an IRA, when you withdraw you pay taxes as if it was INCOME (and presumably at a lower rate since you are retired); however, with long-term capital gains going down to 20%, it seems like it may very well be more effective to invest outside of an IRA since the tax advantages are minimal and the flexibility you get with staying out of an IRA are nice. The only downsides I see are when you buy and sell stocks, etc. in your portfolio and then have to pay capital gains earlier on...Does anyone have any data on this scenario (i.e., you make too much to take advantage of IRA tax deferral) and what the general recommendations are (and the best options)? Should I still be investing the maximum each year into an IRA?Thanks so much!
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