If you don’t qualify for a Roth IRA, what is the recommended investment after maxing out traditional 401k? Traditional IRA?

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Roth IRA via conversion

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Backdoor Roth

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This is a very confusing topic for me. I've been looking into this as well. Can someone please explain it in detail? I file married jointly and our AGI is above the limits.

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You just do a backdoor conversion. You are too late to do one for 2022 but can do it for 2023.

You can still do it for 2022. You can do the 2022 traditional contribution and then do the conversion in 2023. If you get no traditional deduction it is a push. If you do get a deduction you will pay less tax this year and more next year.

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