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URL:  http://boards.fool.com/goldstucker-writes-in-part-does-this-require-a-11224988.aspx

Subject:  Re: Roth Date:  9/3/1999  8:21 PM
Author:  Bob78164 Number:  13652 of 78166

Goldstucker writes (in part):

Does this require a new account to be setup (Roth, IRA, Non-traditional IRA)? How do you bookkeep that taxed contribution. You've already paid taxes on it. You shouldn't have to pay taxes at distribution. Do you keep a copy of tax return with account statement? Your co-mingling taxed deferred and taxed contributions. Yes you can recharacterize but were do you move the money?

I reply:

You do not need a third acco