I, 24 y/o US citizen employed in the US, make over the 137k cut off for making contributions towards a Roth IRA. As a result, I have considered contributing to a traditional IRA.
However, I am not sure if this is a good idea. Should I be maximizing my traditional/Roth 401k contributions before I even consider a traditional IRA? Is there any sense in contributing to a traditional IRA if the 401k contribution isn't maxed? My research shows no, but I'd like to make sure I am not misinterpreting the benefits.