Just realized that due to maxing out our 401ks and HSA along with some rental real estate losses, our AGI is low enough to qualify for a Traditional IRA. Problem is we don't have Traditional IRAs and would have to open them. I'm worried about too many accounts since we each have a 401k and we each have a Roth IRA. Spouse's 401k and Roth are with Fidelity, so no brainer there to open his in Fidelity as would be easy to track. For me, I have a 401k with ING, Roth with Fidelity and old SEP IRA with Vanguard. Seems like it would make sense to open a Traditional IRA with Fidelity and roll my old SEP IRA into it so that we have three accounts each. Since our Roth accounts are high and 401k are low, seems like a Traditional IRA makes the most sense this year. Is there a better way to do this? Am I missing something?