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Sorry, as I interpret your answer, it should have started with "No".

Yeah, you're probably correct, but the traditional IRA is a tax-deferred investment vehicle, just not one listed on the link that 2gifts provided (which by the way I did look at and have looked at in the past.

Huh? Why would her contribution be changed from a deductible contribution to a Roth contribution just because you are no longer working?

I have the same reaction, huh? I don't understand what the point would be to contribute to a tax-deferred account only to withdraw that amount out of a tax-deferred account? If my wife contributes $6,500 into her traditional IRA next year which would cause the need to draw out an additional $6,500 out of a tax-deferred to replace that income, what has been accomplished?

By the way, thanks 2gifts and AJ for input. I appreciate the replies.

Jim
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