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Author: splotto 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 75381  
Subject: IRA Help Date: 12/4/2002 1:50 PM
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**CROSS POSTED TO TAX BOARD**

Hello:

I need some advice from the tax guru's.

My wife and I started IRA's this year. I have a 401k here at work, so I started a ROTH. She doesn't so I started a classic IRA for her. In December she will be able to participate in a 401k at her office. Our combined income is about $145k per year.

The way I figure it, we are fast approaching ineligibility.

Should I convert her IRA to a ROTH? Should I stop putting money into it and open another ROTH for her?

Thanks,

Splotto
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