Can i open a Traditional IRA for the total of 6,500 and no Roth IRA and still get the tax break?

[KenH1 · Accepted solution]

It depends.

You can always contribute to a traditional IRA, regardless of your income or coverage by an employer plan.

The deductibility depends on your income, filing status, and employer coverage.

These links provide the most recent income limits for deducting IRAs

IRA deductibility - covered by employer plan (the "retirement plan" box on your W2 is checked)

IRA deductibility - NOT covered by employer plan (the "retirement plan" box on your W2 is NOT checked)

Separately, you may qualify for the Saver's Credit, which applies to both traditional and Roth IRAs.