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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Jerry in Omaha who wrote (7894)1/8/1998 11:50:00 AM
From: J.L. Turner  Read Replies (1) of 20681
 
Mr. Pearson
To qualify to convert your regular IRA to a Roth IRA you can't have more than $100,000 in adjusted gross income.

A ROTH IRA may be more favorable than a regular IRA for taxpayers who earn high rates of return from growth investments.

If the Roth IRA owner dies, beneficiaries may inherit the assets free of income tax-but assets are subject to federal and state estate taxes.

J.L.T.
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