According to my research, I will no longer be able to deduct my Traditional IRA contribution this year as my income has gone above the level allowed for deductions. But then I read something about that only applies to employer sponsored Traditional IRAs? My thought process is even if I can't deduct the contribution, I still won't have to pay taxes on any of the capital gains my investment makes, which is a positive. The best method seems to be pay as little taxes now as I'll probably be in a lower tax bracket, right? Roth IRA would have me paying taxes on any gains now, right?
