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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?

To: Colin Cody who wrote (910)	4/2/1998 1:13:00 AM
From: Jim P Mitchell	Respond to of 5810

Tax related links...... FYI to anyone. Here are a few good links .... hope some can find these as useful as I have. Good luck, Jim "Tax Guide" cbs.marketwatch.com Home Sellers cbs.marketwatch.com Deductions cbs.marketwatch.com Estate cbs.marketwatch.com State Forms cbs.marketwatch.com Software cbs.marketwatch.com Roth IRA cbs.marketwatch.com

To: Colin Cody who wrote (910)	4/2/1998 2:01:00 AM
From: posthumousone	Read Replies (1) \| Respond to of 5810

Scenario: a bank CD IRA that expires on 8/1/99 earning 9% interest Can the individual convert it to a Roth IRA now and be assessed the 10% penalty. If they can convert it now can the still receive the 9% interest or would it be the current rate? If they cant convert without a penalty, why is that? If I had my IRA money in a money market/stock/bond fund I could convert it with no penalty.