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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: steve in socal who wrote (4418)	4/6/1998 6:32:00 PM
From: Bruce A. Bowman	Respond to of 18928

I got the same thing from them, Steve. Also went to their website and read thru the comparison. AGI isn't a problem, but at this point it looks like a wash to me in the long term depending on the rate of return you use to do the computations. In the short term I'd have to come up with 4 annual tax payments from free cash (if I want to keep all the $$$ working) and I wouldn't be able to withdraw from the account for 5 years. I'll have to wrestle with it some more and talk to a pro, but I'm leaning toward leaving it a conventional IRA. If this had come along while I was still working it would have been a no-brainer. Bruce