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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (150454)	5/2/2011 4:03:51 PM
From: kollmhn	Read Replies (1) \| Respond to of 206325

"The first is it can put you over the threshold limit - not usually a problem if the exclusion stays at $5 million." That's a two part issue. Yes, the conversion can put you over the thresh hold and make you subject to the Medicare tax (if you wait until 2013). However, whether you have a traditional IRA or have converted, both are still part of your estate. What exemptions you may utilize after 2012 may be sufficient to absolve you of estate taxes.......but, then, they may not be. We'll have to wait and see.