Question
Limits for investing in a traditional IRA (not for a tax deduction)
Good morning,
I've recently read on Vanguard (and others) that there is no limit for investing in a traditional IRA. You may not get a deduction, but you can still invest and earn interest free income until retirement. I max out my 401k, it would be my spouse's IRA we would be investing in. We don't qualify for a ROTH. While I have seen several sites state there is no limit to a traditional IRA, when I plug in my income with a calculator, it states the limit for 2026 is $8600 with no tax deduction this year. I feel I'm missing something. Any advice on this issue would be appreciated.
