jrr7: "Still, if they're eligible for a Roth, why not contribute to a Roth rather than a traditional nondeductible? A roth is nondeductible but withdrawals are tax-free. With a traditional non, earnings are taxed on withdrawal."Not sure if this was directed at me, but I agree; if the only choice is between non-deductible regular IRA and a Roth IRA, then the Roth IRA is a no-brainer decision. High incomes can disqualify one from eligibility for a Roth IRA. The point of my earlier post was that anyone with earned income (or the spouse of such person) can have a regular IRA; the only issue is deductibility. Depending upon investe style and temperament (sp?), one could make a case that a taxable investment account (with LTCG) might be bettter than a regular IRA funded with non-deductible dollars (pay taxes at regualr income tax rates when withdrawn)."I've heard of something called "recharacterization" which sounds like what they're looking for, but I'll await the experts' advice."I too have heard the same, but cannot discuss details adequately to respond.Regards, JAFO (posted before reading all responses)
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