Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

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Dec 5 9:30 AM EST

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To: Ann Janssen who wrote (19819)	6/13/1998 1:31:00 AM
From: Sonki	Read Replies (1) of 27012

ann, u must open 2 roth accounts. one is called "converted roth" and another one is your plain vanila "roth". u can not mix the two right now. so in roth. u can only add 2k this yr. does not need to be transftered from ira. and how would u pay double taxes i don't understand ur question. u r contributing cash for the 1st time. 2nd: your converted roth: any mony that comes in here must come thru your ira account ( not 401k), so u have to roll ur 401k to ira then roll that to roth. U SHOULD NEVER HAVE TO PAY DOUBLE TAXES EVER... roth IRAs Have An Edge Over Regular Ones Appeal To Wealthy: Taxed Going In,Tax-Free Coming Out . I posted this Oct.97. Must read. Message 2602084 trick is to keep your income down according to the rules.

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