PSA Might be common knowledge, but I messed up with this, so posting. To contribute to Roth IRA there are income limits, where if you earn above you can’t contribute. (In my case I needed to reverse them and trade them as gains and re file)

This is also true of traditional IRAs. After a certain income threshold it's no longer tax deductible (unless neither you nor your spouse put into a 401k)

You can always contribute to the traditional IRA without taking a deduction though. For a Roth, the income limits prohibit you from contributing at all

I hit the same issue my first year breaking over the threshold. PSA that this info is included in our chart! https://frum.finance/chart/