Soo.... I need some advice.
I'm not eligible for a Roth IRA with my income and have maxed out my 401K for tax deduction purposes. Since the rule is you can only deduct a certain amount for your 401k, I have planned to contribute money into the WiseBanyan or Personal investing account instead of an IRA since contributing to an IRA does not help me at all for tax deduction purposes.
Is that right?