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Many thanks to you, vkg, and TMFPMarti, for confirming what I thought I knew. I'm glad it will be no more complicated than this to pick up the pieces and move forward.

Regarding the traditional account for the wife and Roth fort me, please allow me to solicit your input on that. My logic is as follows:

1. I'm not convinced my marginal tax rate will be much different in retirement than it it's now; if anything, it might be a little higher the way the works and US economies are heading. Based on this, the long term tax advantages if one over the other are fuzzy at best, not clear cut to me.

2. I am employed and covered by my employer's defined contribution plan. The wife is a full-time mom.

3. If I'm reading the takes correctly, based on my MAGI (greater than 106k and less than 167k), our filing status as MFJ, and the conditions in #2 above, the full contribution to her traditional will be deductible now, and since mine wouldn't be deductible at all, the Roth is the better choice for me.

I'm not 100% convinced this it's the best course of action. Sometimes I think we should both simply have Roth's, especially if marginal rates atl be higher in the future.

Your well-informed thoughts?

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