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Author: rjm1 Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76111  
Subject: Re: roth or trad.? Date: 9/3/1998 11:04 PM
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I am trying to help my parents evaluate whether or not they should convert
their IRA to a Roth. I am 24, and I know that the Roth really benfits
someone in my position, but I'm trying to find the point when having the tax
break outweighs the benfits of the Roth. If anyone knows a good web
address that can do this, or just has any comments for me, I would
appreciate the help. Fool On!!!


We don't know the ages or other assets.
If they will not need the money then go to the Roth. The taxes paid on the conversion will reduce the estate tax, no regular IRA income taxes to the beneficiary and the payout on the Roth can cover the beneficiaries life.

If they need the money, a Roth maynot be a good idea.
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