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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.

Then I suggest you go back and look again at that link since you seem to be leaving a lot of money on the table here.

With a Traditional IRA, which seems to be what your wife is contributing to, she can only contribute $18,000 plus another $6000 catch-up contribution for being over 50 years old for a total of $24,000 that can be contributed. But if she had one of the self-employment plans referenced, she could also put in an employer match to bring her total contribution up to $55,000. That's another $31,000 of contribution she could make.

In my DH's case, I've typically been able to max out his contribution and put away a total of between $30,000 and $40,000 each year.

As you seem to not be taking advantage of that extra amount, I would highly recommend that you look at that again.
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