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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.04

-0.3%

Nov 26 3:59 PM EST

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To: LordDarley who wrote (10405)	11/12/1997 12:50:00 PM
From: dmf	Read Replies (1) of 77400

LordDarley: Re: Conversions to Roth IRA's Thank you. I've read too much about this and am still somewhat confused. Your explanation makes some sense of the information I've been trying to assimilate. More than ever I am now an advocate of simpler taxes. As I start to look toward retirement the complexity of understanding tax implications and IRA's is overwhelming. Even the professionals hesitate to simplify their explanations (and I understand why). I would vote for a consumption tax rather than an income tax...those that obtain the benefits of whatever they want (by spending their money) can pay a tax. Those who work (or save and invest) would not be hit with taxes because they generated personal wealth (however small, however large). Didn't mean to get so off topic. Just appreciate your comments! dmf

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