On the Your Money, Your Wealth podcast episode #207, Joe Anderson, CFP® and Big Al Clopine, CPA, answer this question: “Hi there, I’m Sarah from Chicago and I have a question. I make too much to deduct any of the contributions to a traditional IRA. If I have to pay regular income tax on deductions in the future, how does that benefit me rather than paying capital gains in a regular investment account?”

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