@alohaTy wrote:
So the tax benefit of contributing but not being able to deduct a traditional IRA contribution would be what exactly?
Non-deductible contribution to a Traditional IRA will grow tax free until you withdraw them, then the non deductible portion of your withdrawal will be prorated between the distribution and the remaining value of the IRA.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
