No. of Recommendations: 0
It also helps that my situtation puts me at the 15% federal tax rate right now (four kids, mortgage, etc.). If I were at 3X%, it might be harder to justify paying tax now vs. later.

This, to me, is the key and, so long as you remain in the 15% tax bracket with the conversions, I think you made the right decision. Going into the 25% tax bracket makes it more of a crap shoot with the odds going to the house IMHO.

-murray
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement