Leap Wireless International (LWIN) Message Board

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Technology Stocks : Leap Wireless International (LWIN)

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To: straight life who wrote (91)	10/1/1998 4:36:00 PM
From: Kenneth V. McNutt	Read Replies (1) of 2737

Taichi; How about all the people (but especially me) that transferred their regular IRA into a Roth IRA and now must pay huge sums in tax on equity that's already melted away, and is actually a loss in some cases????? I believe Congress recently passed a law to cover that exact situation, meaning you can revert your converted IRA from Roth back to a regular IRA and recover the tax paid. This is just from a flash memory so call your CPA. Your welcome. K

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