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URL:  http://boards.fool.com/pgray007-quotthanks-for-your-reply-my-limited-21900140.aspx

Subject:  Re: Rollover 401(k) to Roth IRA? Date:  1/12/2005  7:06 PM
Author:  JAFO31 Number:  44008 of 80437

pgray007:

"Thanks for your reply. My limited understanding of retirement accounts, and the marketing-oriented approach I had seen in the T. Rowe literature had me assuming you could get the best of both worlds by rolling over a 401(k) to a Roth IRA (tax free on the front end and back end). It was silly of me to think the IRS man would miss something like that!"

Your welcome. Just remember that I am no tax pro; the real pros hang on the Tax board, and tolerate interested kibitizers.

"I'm not sure I completely understand your comment. I'm with you up to the part in bold:

JAFO: <<<<"Your income appears too high, as a single, to contribute to a Roth for 2004. Your joint income will be borderline (but probably just under the cutoff for a Roth for MFJ status). I do not mean to be a pessimist or a jinx, but sht happens, so I would not open the 2004 Roth for