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Author: irasmilo Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121104  
Subject: Re: Roth IRA Conversion question Date: 4/15/2003 7:43 AM
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I was browsing on the internet ... : http://www.lifetimesavingsaccount.com/treasdept.htm

... and came across the following point about future tax laws that may become applicable in the next fiscal tax year... :

"You may convert a traditional IRA to an RSA ( Retirement Savings Account ) at any time. ...

...Does anybody know about this? I would appreciate any comments.


Simply put, until Congress passes a law and the President signs it, it doesn't exist. There are many ideas that are proposed that never make it into law.

Ira
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