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Subject:  trad to roth ira question Date:  11/13/2008  2:24 PM
Author:  captainjgc Number:  64522 of 104824

so, reading Dan Caplinger's article ( touting converting to roth while markets are down got me thinking about converting my trad ira again. specifically because i'd rather add the current battered balance to my agi than when it eventually goes back up.

however, i talked to my accountant today and she told me, if my balance is less than my original contributions (pretty sure it is - i'm 32 and have only been contributing for 4 or 5 years) i would have to add the original amount of my contributions to my agi, not the current balanc - since that's the original sheltered amount. can this be true? seems really crazy!
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