Deductible Contributions to Traditional IRA

[cmontgom21]

I have a ROTH 401k (post tax) through work, am I allowed to deduct my contributions to my traditional IRA?

[DoninGA]

Go to this IRS website for the deduction limits for an IRA when you have a retirement plan at work - https://www.irs.gov/retirement-plans/2023-ira-deduction-limits-effect-of-modified-agi-on-deduction-i...

[cmontgom21]

Thank you for the response, I have read that information, but am still unclear.  So it makes no difference that my 401k at work is post tax contributions, I cannot make tax deductible contributions to my IRA?

Regards

[DavidD66 · Accepted solution]

Being able to contribute to a Roth 401(k) at work does not eliminate the eligibility to deduct a Traditional IRA contribution.  But being covered by a "retirement plan" at work does significantly affect the income limits for deducting an IRA contribution.