Are you contributing anything to your 401k's right now? DW and I have a combined salary of around $220k/year or so, but we max out 401k's ($36k), flex spending and some other tax write offs (kids, house, etc.) and I believe that puts our AGI down to like $153k/year so we've both been able to max out 401k's as well as Roth IRA's, so you may want to check that out, as that may be enough (with your other write offs) to get you below the limit. For a few years early on I had to wait until I did my taxes to see if I could contribute, so in Mar 2013 I would check and if AGI was below the threshold I would max Roth IRA for the 2012 year since it was before the tax deadline. The last few years I've maxed just b/c I know we're pretty well under those limits.