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Author: Leonlloyd Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19257  
Subject: Re: IRA withdrawals Date: 6/7/2000 12:46 PM
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JimMont. When you run the tax numbers out to the plus or minus 16 years of distributions required by uncle sammy, You may start getting a little nausus when you start getting into the 5th, 6th, and etc. required take-outs. The capitol gains on your investments will be added to your total account each year and will be a part of the annual distribution. I am trying to get as much money out of my "conventional IRA" rolled over into a "Roth IRA". I'm sure that you are aware that you can't do a roll over into a "ROTH IRA" after the annual distributions from a "conventional IRA" has gone into effect. It will be money well spent to get some tax advice from a tax attorney as soon as possible, as it could save you heaps of cash the future. There is one book that I think you will find invaluable. The Motley Fool's "Investment Tax Guide 2000" It is written in a way that all of us fools can understand. Leon
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