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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Jan 13 3:59 PM EST

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To: Sonki who wrote (21289)	10/29/1998 7:07:00 PM
From: Eliz2	Read Replies (3) of 27012

Hi Sonki Just saw on NBR that you can change your Roth back {convert} to regular IRA, then before the end of the year,you can reconvert it bact to Roth. This works if you have lost money in your new Roth. Ie; If you put in $100.000, and it slipped to $75 000 ,you would have to pay taxes on $100.000 for this year. With conversion,you would have to pay only on $75,000. The IRS only recognizes the last change. Quite slick if it applies. I know that you mentioned that you were considering the Roth You might know thisalready and perhaps it doesn't apply but it is worth thinking about. At least the gov, does something for us. Good day today. INTEL FoREVER

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