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Strategies & Market Trends : Roth IRA ideas

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To: Ken Ludwig who wrote (38)	1/31/1998 11:08:00 PM
From: Mitch Aunger	Read Replies (2) of 388

Ken, I think part of your note was not correct. You said: <<My other concern is how AGI is calculated in this year if a lot of gains are made within the Roth to push total income over the limits. >> I do NOT believe any gains in ANY IRA are included in AGI. I've been making good money in my self directed IRA on stocks and I've never seen any place to claim those gains NOR has my brokerage sent me any 1099 -xxx statements indicating I needed to make such claims. That is one of the great things about self directed - assuming you are making money on your trades. I also believe (tho I can't pinpoint my source right now) that the funds being rolled over from a regular IRA to a ROTH, altho they are going to be taxed, are NOT included in AGI. Someone please correct me if I'm wrong. Thanks to all for the dialog! Mitch

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