The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/i-will-be-leaving-a-job-at-a-not-for-profit-and-10151671.aspx

Subject:  Re: Roth Rollover and AGI Date:  4/11/1998  10:32 PM
Author:  TMFTaxes Number:  3432 of 121564

[[I will be leaving a job at a not-for-profit and have the opportunity to roll over my 503b into an IRA.
I was hoping to roll it into a Roth but I found the AGI limit was $100,000, which my wife and I
exceeded by a few thousand dollars this year. The question is, would it be a good idea to max out
our contributions to employer 401k plans and try and defer any capital gains this year in order to
keep our AGI under 100k? ]]

If you have run the numbers and find that the Roth conversion is best for you, then this would be the way to try and do it. People will make the conversion for a number of different reasons. If you feel that your numbers and reasons are good, then get after it.

TMF Taxes
Roy
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us