Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: kollmhn who wrote (150619)	5/5/2011 5:31:13 PM
From: t4texas	Respond to of 206322

kollmhn, i know i am jumping into your 401k/ira to roth conversion thread after it is essentially over, but i might have missed some of the flurry of posts on the subject. as i understand it you have not yet moved the money from the 401k/ira to the roth ira yet. you plan to do it, but you have not done it yet. right so far? i did start a (one and only one) roth ira in 2010, moved a big money chunk from my ira to my roth ira, and paid all the ordinary income/amt tax in tax year 2010 rather than spread the tax out. i think i am happy about it so far. with myself i have been debating moving the entire ira over to my roth ira and paying the fat amt taxes instead of waiting, and i think this is what you are planning too. i have been toying with the idea of waiting until the results of the 2012 election to decide, and i do not think there is any tax advantage of moving sooner than that. is there? the medicare tax you have written about is certainly a reason to do it before tax year 2012 is over, i.e, not waiting until tax year 2013. i suppose the short of my question of you is have i understood what you are planning to do with your ira to roth ira conversion? is there a reason to convert everything to the roth before the end of tax year 2012? i hope these are not too dumb guy questions.