Traditional IRA contribution

USA Discussion in 'Individuals' started by Pandu Chimata, Mar 11, 2018.

  1. Pandu Chimata

    Pandu Chimata

    Mar 11, 2018
    Likes Received:
    I started contributing to traditional IRA on top of contributing to my employer provided 401K and Roth 401K.
    I typically try to contribution to the maximum eligible on 401K and Roth 401K together.

    Since I am already maximum at the company 401k, do I get any tax deductions ?

    By the way, my wife does job but they don't have any 401k nor she has any traditional IRA account. We file taxes jointly.

    Please advise.
    Pandu Chimata, Mar 11, 2018
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