>probably will not be able to make deductible>contributions to my existing IRA, but converting will> give me a tax hit of about $6k, which will sting a>little. I realize I can spread that over four (?)>years, but I'm really trying to decide if the there is a>real difference seeing as how I will not have that 6k>to invest in the present.If you can pay that tax hit out of non-IRA funds, you probably come out ahead in the long run. Reason: Effectively, you now have more $ in your IRA.What I'm wondering though, is will I be better off on the whole. I agree that my IRA will be better of, because in essence I can make a 6k deposit to it. But Will it make a real difference considering that I will then not have that 6k to invest in other means. I guess I'm answering my own question, because those other means will not likely be tax free.Nevermind ;-)Mark
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