While I agree now is a good time for the conversion and having a mix of Roth and traditional IRAs is a good thing, myself and others have posted here that it's very easy to pay <u>more</u> in taxes by converting to a Roth if you're in a 25% or higher tax bracket.I need to read up on this, but here is my question.Say your traditional IRA was never tax deductable. What would you pay taxes on when converting?JLC
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra