<prompt> Human: We are married filing jointly and fall outside the income requirements for a Roth IRA. Is there anything I should even bother considering before opening a Traditional IRA since I dont have a choice or is there something else that I should consider before opening a Traditional IRA? I have done some research but most things Ive read are concerning the differences between the two and not necessarily if there are other things to consider if you only have one option.  <response>: My income is too high to contribute... 