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Greetings, Bostwick1, and welcome. You asked:

<<Once you have contributed the maximum amount to your 401(k), what are the benefits and disadvantages of contributing to an IRA, especially if any contributions would be non-deductible due to your income level?>>

The biggest advantage is all earnings will compound tax deferred, which adds a leveraging factor to your growth. If you are within the Adjusted Gross Income limits for a Roth IRA, eventually everything comes out tax-free. The biggest disadvantage is you will normally have to wait until age 59 1/2 to be able to make penalty-free withdrawals.

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