Don't forget that Fanny's IRA contributions won't be fully deductible until 2005. That changes the amount in the "side" account, and also changes the amounts to
be taxed on at withdrawl.

Also don't forget that for people whose AGI exceeds the deduction limit ($100k for couples and $60k for individuals in 2007), the Roth is probably the better way to go, since they don't get to accumulate anything in the "side" account.

Bill