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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Ken Ludwig who wrote (50163)11/25/2012 1:45:51 PM
From: Paul Senior1 Recommendation  Respond to of 78748
 
More Roth/ira:

"Sounds like you have to cough up cash to pay the tax on the Regular IRA withdrawal, yes?"


Yes, that's what I'm saying. (I believe what I'm talking about is technically not called a "Regular IRA withdrawal" though. It is a partial ira conversion to Roth.) Coughing up lots of cash. Paid by withdrawing monies from taxable accounts/taxable savings. Through quarterly estimated tax payments. I've converted a lot of ira stocks ($$), so I have to pay a lot in taxes.
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I have no experience/knowledge about moving stocks from a taxable account into a Roth. I don't recall this type of transfer as even being possible.