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Author: bobw0 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75829  
Subject: Re: 401k contribution vs. converting to Roth Date: 2/22/2001 1:08 PM
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My thoughts are that I can afford it if I contribute
less(or none) to my 401k.

I guess before I put money into taxable investments
I should probably convert to Roths. What I have is
some $ that was in a 401k, I changed jobs, they
maintained it for a while, they got bought out, and
the new company does not want to maintain it. So it
is in a rollover IRA account. I would take that money
and "Roth-ize" it. But to do that I would need some
money to pay the income taxes on it, so would
contribute less to my 401k.

Would you still recommend the conversion over the
401k? I am about 15 years from retirement.
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