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To: carranza2 who wrote (71615)	12/11/2009 6:41:49 AM
From: KyrosL	Read Replies (1) \| Respond to of 74559

<<I am not eligible for Roth>> Starting next year everybody is eligible for a Roth conversion.

To: carranza2 who wrote (71615)	12/11/2009 6:59:56 AM
From: Snowshoe	Respond to of 74559

It was a factor when I considered a sizable Roth conversion back around 1997/98. The potential was that they'd sucker me into paying taxes on the Roth conversion, and later switch the country from income tax to a VAT and clobber me all over again when I spend my retirement money. Under that scenario the regular IRA could turn out to be a better deal, because I'd take the distributions at a lower tax rate. My decision was to convert just enough to the Roth for a decent-sized trading account.