No. of Recommendations: 0
Kat,
I am assuming that if I make 0 dollars in 1998, move 100k to a Roth from a traditional, that I will pay 15 percent tax in each of the 4 years, even though year two, threee and or four I may have income that puts me in a 28 percent bracket. What I am getting at is the 15 percent tax rate frozen for 4 years? Also, assuming I will be in the 28 brackett at retirement in 14 years, am I being foolish to do the Roth, considereing that the taxes on the 100k could be growing for 14 years more before the 28 percent tax? Sorry for the winded reply, but I my accountant doesnt have the answers YET to many of my questions.
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!
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.
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