UnThreaded | Threaded | Whole Thread (35) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: ph00lish Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76237  
Subject: Re: Roth IRA Contriubtions & Conversions Date: 3/3/1999 8:25 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Looking for answers!! I have read a lot of data but still confused as to the better road to travel. Have a
100K in a traditional IRA. I am 59 and expect to work
another 5years. Currently in 15% tax bracket and will in all likely hood remain there( unless one of you kind souls out there can endow me).Two part question,
going forward should my 2k contribution be Roth or traditional and should I convert the existing IRA over
to a Roth? I will need to use 15k of the IRA to make the converstion but there would not be an early withdrawal penalty. Hope some fool can help. thanks
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (35) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Saul's Investing Discussions

Why Did I Buy a Bunch of PFIE Today?
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 "#1 Media Company to Work For" (BusinessInsider 2011)! 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