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I think its too late, or maybe wasn't even possible,
to reduce our income to meet the $100,000 cap so that
we can "rollover" our regular IRAs to ROTH IRAs.
My wife and I earned about $135,000 this year. But is
there a way to defer the income or reduce it via contributions to other retirement funds, so that we
can reduce the reported income legally to under
$100,000? We file joint. I have about $35,000 in an
IRA, my wife has about $75,000. I thought I could
finance paying the taxes by refinancing the house.
My personal believe is that I can grow the money
in the Roth IRAs significantly, so that the tax-free
withdrawal could be a major benefit. I realize that
this would be a major movement of assets, but I think
it could be worth it.

...or just say, oh well, screwed again... and just
start contributing $4000/joint to a startup Roth?

Is there someone in the Detroit area I could talk
to about tax/retirement planning and Roth IRAs?
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