Most people use IRAs because of the tax breaks they offer. However, if you make too much money and have access to an employer-sponsored retirement plan at work, then it’s possible that your only IRA option will be a nondeductible traditional IRA. That’s far from ideal, but there are a few reasons why a nondeductible IRA can be better than nothing when it comes to your retirement savings. Below, we’ll look at why you might have to use a nondeductible IRA and how it can be useful.