11-05-2008, 04:07 AM
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 Re: Calculator for IRA -> Roth IRA Conversion Gary wrote: - quote - > How do I know if I should convert my IRA to a Roth IRA ?
See my reply on the Roth vs traditional 401(k). Same question apply.> Age: 40 > IRA Value: 220,000 > Am I better off just retiring (at the appropriate age) and taking out the minimum ? In the case of conversion, it's rare for it to make sense to convert such a large sum. If you are now in the 15% bracket and envision your income rising, you'd want to convert enough to just 'top off' that bracket, but no more. Joe -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#-1
11-05-2008, 02:45 AM
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| Calculator for IRA -> Roth IRA Conversion How do I know if I should convert my IRA to a Roth IRA ? Age: 40 IRA Value: 220,000 Am I better off just retiring (at the appropriate age) and taking out the minimum ? --------------= Posted using GrabIt =---------------- ------= Binary Usenet downloading made easy =--------- -= Get GrabIt for free from http://www.shemes.com/ =- -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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| >, calculator, conversion, ira, roth |
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