Thump's Place FL

For my friends and familys amusement and edification
HomeFAQSearchMemberlistUsergroupsRegisterLog in

Share | 

 Time To Convert IRA To Roth IRA?

Go down 


Posts : 2725
Join date : 2008-05-13
Location : Central Florida

PostSubject: Time To Convert IRA To Roth IRA?   Wed Oct 29, 2008 10:13 am

Rock might be the only one here who could benefit most from the conversion but he
probably doesn't have any IRA to convert. I'm going to give it a look though.
For any young people with the money it's a fine deal right now, with equities at this
low price the tax on the conversion would be less than it has been.
You have to pay income tax now on the amount you have in the IRA but after it
grows (hopefully) you won't have to pay taxes on the withdrawals.

After Helen retires we won't be paying so much income tax though if any so maybe
I'd just be wasting the money. I'll have to figure some more on that though.

Back to top Go down
View user profile
Time To Convert IRA To Roth IRA?
Back to top 
Page 1 of 1
 Similar topics
» Time Out by CL
» Watching "Genesis of the Daleks" for the first time.
» jml cooking time
» 5 Bites At A Time
» Time Lord Speculation. [Spoilers]

Permissions in this forum:You cannot reply to topics in this forum
Thump's Place FL :: General Discussion :: Anything-
Jump to: