I'm looking for advice on tax-advantaged accounts.
I live with my wife and two minor children in CO. I make around $250k/yr before tax and my wife stays at home. In addition to this income, my employer contributes the max allowable to an SEP-IRA in my name, i.e., $53k for 2015. My employer also contributes the max allowable to an HSA in my name, i.e., $6,650 in 2015.
I contribute the max allowable to a traditional IRA in my wife's name, i.e., $5.5k in 2015.
The rest of my investments are not tax-advantaged, including 529's for the children.
Are there any other tax-advantaged accounts I could be contributing to each year? Could I contribute $5.5k to a traditional IRA in my own name? Am I even allowed to contribute that much to my wife's?
Thanks!