My wife is a physician and is employed by a nonn-profit hospital. She makes a salary of $250,000 and can participate in a 403b. She receives bonuses that come to us pretaxed at 33% in Octobers (in good years). She signed her contract 6 months ago and rec. a signing bonus that was pretaxed at 33% also. This has placed us in a situation of rec. an estimated $20,000+ tax refund for 2005. Questions:1) I have been told more then once, take more then 9 deductions on your W-4 and you'll get audited. The other doctors leave theirs at 9 and still get refunds at the end of the year. Any suggestions or thoughts how to keep loaning the government our money?2) With the financial boys beating down the door to get ahold of our $, we are hoping to use the 403b, 457k (starts in 2007) and our 529s (have 3 kids) as our major investment tools, then look to use a simple selection of index funds to pave the way. Do you guys have any tax warnings for me in regards to our situation? Any pot holes you know we will face and can help us avoid?Thanks a ton!