Originally Posted by LOL!
Now here's a sacrilegious option if your wife has a 401(k): Max it out as much as possible, but then borrow from it to fund a Roth. The rates for 401(k) loans are around 4% and you are paying the interest back to yourself. The cost would be loan origination fees of $100 or less and the extra tax you would pay on the interest you paid yourself.
She does, although I don't believe her plan administrator offers loans in order to keep costs down- i'm not 100% on that though. Additionally, since I want to go into family practice, there is a high probability of at least partial loan forgiveness later on.
My only concern about using a pre-tax retirement vehicle later on is future tax rates... i'm not too optimistic about them, especially with this populist 'soak the rich' nonsense.