Let's say my MAGI will be 65,000 and I am filing single, so the deductibility phase out range is from 62,000 to 72,000. Does each marginal dollar contributed to a Trad IRA get the same deduction percentage?
I posted about this before but realize now I don't get it. Should I contribute all 5,500 in a Trad or is there math I can do that says it's better now to put some in a Roth?