Sorry if this is a FAQ...1. I'm looking moving everything in my IRA to a Roth for next year, but I understand that if I go there, then I'll have to pay taxes on my gains. Still, it seems this has got to make sense in the long run (I'm 36). I just started the IRA this year and have only about $5k in gains to worry about... so the $1500-$2000 that I will owe in taxes seems cheap to be able to get tax free income for life on the whole amount. But then again, that money could earn a lot over it's lifetime...2. What is the income limit for being able to contribute to a Roth IRA?Thanks.
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