It’s not difficult to go over 150K AGI if you and your partner are both white collar professionals. Me? Not so white collar but rather a career military officer. Being in a war zone(tax free) for a good part of last year helps lower your combined AGI quite a bit. Contributing the max to TSP(think military 401K) helps too. Having the systems engineer wife max out her 401K helps again.
Anyway, to answer the original question, Since we have no debt(‘cept for the house in VA) my rebate check is going towards a bunch of nice 2005 Bordeaux. Not often a spectacular vintage like that comes along. Might as well get some while the prices are still reasonable. Some of the smaller, not well known growers have produced some outstanding wines and, if you do your homework, you can find some great deals.
