No. of Recommendations: 8
I am 42 years old and have a self directed traditional IRA in the amount of $9000. I would like to convert to a Roth, but have been advised by my CPA that the tax penalties would total about $2000.

It doesn't seem prudent to me to pay this sum to gain the advantage of a Roth. What do you think? Is there some type of mathematical equation used to help make this decision?

Thanks much,

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