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Author: FuskieFool Big funky green star, 20000 posts Top Favorite Fools Old School Fool Ticker Guide SC1 Red Winner of the 2010 Rule Breakers Challenge Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76079  
Subject: Re: Rolling Over 401k into Roth IRA Date: 1/18/2004 3:08 AM
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-13X amount of dollars free and clear at retirement

This I am not seeing. Let's say you roll over your 401k each year into a TIRA. You will not be making a $40k contribution to your Roth. You will be making a $28k contribution after (for arguments sake) paying 30% in taxes when you convert your TIRA into a Roth. Now if you are extremely confident that your income in retirement will be so great as to bump you into a higher tax bracket, then you may be better off converting to the Roth. But that is not statistically likely.

Fuskie
Who does not know if it is legal either, but kind of thinks it will get you audited if nothing else...
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