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To: stock bull who wrote (2928)	2/10/1998 12:28:00 PM
From: r laird	Read Replies (1) \| Respond to of 3276

if you chhange to a roth from an ira the following happens: 1) you cannot withdraw any money for 5 years. a) you can take out for medical and various other reasons. b) above is not subject to early penalties. 2) i believe that you can transfer partial ira funds. 3) divide ira money by 4 (200k/4=50k) 4) the 50 k is added to your income for the next 4 years. a) if income is 20k/yr add 50k to that amount (70k). b) your taxes will be on 70k minus deductions. 5) starting in the first year you make 100k in roth. a) no taxes are deducted from the 100k. tax free. 6) look at it very carefully. i converted and have made 1/2 of the taxes i pay in the roth. hopefully i will make more money than the tax amount due each year on the conversion. still have to pay tax from my yearly income, cannot touch roth money for 5 years. i hope that this help you. BE CAREFUL DO YOUR TAX PROJECTIONS AHEAD OF TIME!!!!!!