<prompt> Human: I make over the Roth IRA threshold, and am maxing out my 401K at work.From what I understand, if I place funds into a traditional IRA, then I cant deduct that from my income, because I have a 401K at work, and am above the deductions threshold. Also, I read that my IRA withdrawals will be taxed as income when I retire.So, why shouldnt I just invest in a taxable account, and hold it longer than a year, so I get a lower capital gains taxes? Sorry for the dumb question, but Im just curious.  <response>: This is one option that uses a Traditional IRA. 