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Strategies & Market Trends : Roth IRA ideas -- Ignore unavailable to you. Want to Upgrade?


To: Q. who wrote (150)5/7/1998 8:41:00 AM
From: mod  Read Replies (1) | Respond to of 388
 
John,

You are currently required, under current law, to spread the income over 4 years.

However, the proposed technical corrections bill has language to make that an optional election, to allow you to take all the income in the first year if you want. This bill has not been passed into law yet.

See: rothira.com

Dennis