Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
[[Maybe I'm missing something, but there seems to be an erroneous conclusion in TMF Taxes'
analysis of the Roth IRA.]]

The only thing that you were missing was an adequate clarification in the post.

I was TRYING to compare a non-deductible IRA contribution to a Roth contribution. The only "no brainer" regarding the Roth IRA is that of making a Roth IRA contribution as opposed to making a non-deductible regular IRA contribution.

If you look at deductible IRA contributions, the problems arise and additional thought is required. The same thing applies to a conversion of a regular IRA to a Roth IRA. These are certainly complex issues (as your excellent analysis points out), and must all be taken on an individual basis.

Thanks for taking the time to point this out. I'll go back and have Fool HQ change the post to reflect the original analysis as that of a non-deductible regular IRA contribution.

TMF Taxes
Roy
Print the post  

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.