1) Is is possible to place additional income in tax-deferred vehicles? Can I put money into an educational IRA, even though I have no children (I hope to have at least a dozen in the future ;-) ) EIRA is out. You could use a 529 plan, naming yourself as beneficiary. After you have children, youo can switch beneficiaries without penalty. The proceeds from 529 plans can be used tax-free for qualified educational expenses.
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