Hi, I'm in a similar spot and just found out that we can invest up to $5000 for 2009 and $5000 for 2010 each (my husband and myself) into traditional IRA's and then convert them to Roths after the fact, even though we are beyond the income limit for contributing to a Roth. Also, does your work use HSA/FSA for your med insurance? mine just changed to this type of plan and fully utilizing both of those is also going to go a long way in sheltering some of our income. Just some ideas for you to research. Unfortunately I don't have any details for you yet...I just broke down and hired a CPA to help me plan this all out, so after I meet with him again I'll have more specifics to share.
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