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Author: FoolMeOnce Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76080  
Subject: Question for TMFPixie Date: 12/20/1998 9:07 AM
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I am wrestling with the decision to preserve my options by converting an existing regular IRA to Roth. The regular IRA includes both taxed and untaxed contributions. In addition, I am a federal civil servant with the Government's equivalent of a 401K (referred to as Thrift Savings Plan) This vehicle has limited investment options consisting of an S&P500 index fund, bond fund or money market fund.

My original longstanding plan upon retirement was to rollover the proceeds from the Government 401K into my regular IRA to provide greater flexibility of investment options including investment in individual equities. My research indicates that if I convert to a Roth, that a rollover of the Thrift Savings Plan funds would NOT be permitted. If I decide that the Roth conversion makes sense can an additional regular IRA be established to receive the proceeds of a rollover from my Government plan?

Regards,
Gary Haga
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