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For converting to a Roth, is the AGI limit in 1999 still $100,000 (same as 1998)? Or is the limit for 1999 a different amount?
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soccerboy:
For converting to a Roth, is the AGI limit in 1999 still $100,000 (same as 1998)? Or is the limit for
1999 a different amount?


AFAIK, the $100K limit has NOT been raised for 1999 Roth conversions. Senator Roth, though, is trying to push through a change which would increase the AGI limit to a million bucks or so. So, light a candle in your favorite place of worship for the good Sen. from Delaware. Meantime, don't hold your breath.

Chris
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[[
For converting to a Roth, is the AGI limit in 1999 still $100,000 (same as
1998)? Or is the limit for 1999 a different amount?]]

The conversion limitation remains at $100k for 1999. but make sure that you understand that this is ADJUSTED gross income. Check out my post on the Roth IRA in the Taxes FAQ area.

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Roy

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