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Strategies & Market Trends : Roth IRA ideas

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To: Bill Shepherd who wrote (40)	1/31/1998 11:00:00 PM
From: Mitch Aunger	Read Replies (2) of 388

Bill --- Thanks to you and to Dipy. The more I've thought about it (and researched), I tend to agree that your analysis seems right (sorry John). For example, from the Vanguard website I find: " People with AGI less than $100,000 may convert a traditional IRA to a Roth IRA. " I've seen a couple of sites that All say the same thing you've said above in 1 & 2. It is amazing tho that it still isn't really clear. Why, of all the things that there are single and marriage allowances for, isn't there a marriage allowance for the ROLLOVER to a ROTH IRA? MY real problem - and why I'm trying to determine this answer - is that I have a bunch of shares of stock that I bought in a private placement for $1 per share last year. I want to roll those over to a ROTH BEFORE the company goes public and I want to pay the taxes on the stock at $1 per share. The IPO price is being targeted at $12 - 14 and I can't want to wait until much later in the year to decide if I'm gonna be over this $100,000 limit. So, now, I hear my company is thinking of buying out my pension (to the tune of some $400,000). Now, that darn well better NOT be included in my AGI!!!!!!!!!!! Thanks for the dialog! Mitch

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