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Strategies & Market Trends : Value Investing

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To: MCsweet who wrote (51262)4/9/2013 2:32:58 PM
From: deeno1 Recommendation  Read Replies (1) of 78670
 
"I did a major Roth IRA conversion awhile ago that cleared out my traditional IRAs and have been doing the 5k conversion arb every year for the past couple of years. I am just now finishing paying off the huge tax hit of the traditional IRA conversion, but the Roth account has really taken off so it looks like it is worth it."

did the same. Actually did a number of recharacterizations in 2011 and reconverted in 2012. Kinda wish I hadnt bothered.

"However, when Obama talks about limiting IRAs it makes me think I maybe shouldn't be so aggressive in loading up the Roth IRA going forward."

Came to the same conclusion. Flat tax, means testing, decreasing bracket, ETC. to many things could happen to put all your eggs into the ROTH basket. Adding to deferred plans again.
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