I’ve been contributing to a Roth IRA to max it out, but I was wondering if it would make sense to stop my automatic Roth payments and contribute to my traditional IRA instead for the rest of the year (should be about $3150 left). From what I can tell, my MAGI would allow me to deduct part of the year’s IRA contributions, so I’m hoping I could deduct that $3150 from my taxes.
Anything I'm missing here?