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Strategies & Market Trends : Roth IRA ideas
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To: K. M. Strickler who wrote (149)5/7/1998 6:02:00 AM
From: Q.  Read Replies (1) of 388
 
anybody know if the 4-year term for paying taxes on a conversion of a regular IRA to Roth is required or merely optional?

If you expect your tax bracket to be lower in 98, it might pay to pay all the taxes in 98.

But I'm not sure if this will be allowed.

When I worked the Vanguard's worksheet to decide whether to convert (it can be found at vanguard.com ) it said that taxes a conversion in 1998 are *required* to be paid over 4 years. I just don't know whether to believe them.
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