<prompt> Human: Hello!Ive maxed out my 401k for 2015 and have started looking into opening an IRA account to get more pre-tax contributions in. Turns out, my annual gross income does not qualify me for a deduction on a traditional IRA. In this case, what would be the point of contributing to a traditional IRA if it is effectively post-tax? Would it make sense for me to contribute just to convert the account into a roth IRA? Since the contributions are already made with post-tax income, if I convert to roth IRA I be taxed again immediately? Thank you!Assistant: Roth IRAs dont incur extra tax... Theyre just not tax-shelters for contributions. You can still benefit from the tax shelter on the gains. If you are minimizing your taxes and dont care about the retirement aspects, hire a CPA. Theyll find other ways for you to reduce your tax burden.In other news, congratulations - this is a good problem to have.Human: Just did a whole lot more reading; okay, i feel silly now. I totally misunderstood how the IRAs worked, I imagined contributions to work similarly to 401ks. Genuinely curious, what exactly can a CPA do for me? I am single with no dependents, and have a brokerage account where I trade stocks and index funds long term. I dont have loans and dont own any real estate property. My tax story is pretty simple, so Im not sure if hiring a professional CPA is really cost efficient. Thanks! :  <response>: Nothing because you can learn it all pretty easily. Your taxes are easy. 