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Author: cameron One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76238  
Subject: Re: Thanks to TMFPixy & Bob78164 Date: 9/18/1998 8:55 AM
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Again, there is nothing you can do now to avoid paying a tax later, if they institute it. But you can avoid paying a tax now, by not converting. Note: this applies to the conversion question, not to making new contributions to a Roth.

Ray,

I have been thinking about your opposition to converting to a Roth. Why should your position be any different for making new contributions? Or are you assuming that any new contributions to a traditional IRA would be nondeductible because of participation in a 401(k) or other retirement plan at work? Seems to me if you assume someone could make a deductible IRA contribution, you would encourage that over a Roth contribution as well.

Cameron
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