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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Sonki who wrote (19827)	6/22/1998 3:14:00 PM
From: Ann Janssen	Read Replies (4) \| Respond to of 27012

Sonki, Thanks for your help. Yes, I am being taxed a second time on the money I contributed. I was taxed on payroll and since they are putting money into my regular IRA and then rolling it over (again) I will be taxed again. Maybe not black and white but sure seems like a double whammy to me. You can mix the converted and rollover Roth if you are able to convince your guardian/broker to do so. I was unsuccessful in pitching such a fit. <gg> This was what the IRS and Another CPA told my tax accountant. I just don't want to have to pay the fees on 2 accounts. I don't intend on doing anything in my Roth for the rest of the year so I hope next year my brokers accountants get it together. If not I will be moving my accounts. Thanks for the link too. I have plenty of ways to keep my income down. Daycare, 401K, insurance. Did you ever get anywhere with you job deferring your income?? Thanks for the info on ORCL too. Sorry I haven't answered you sooner, but I've been out on vacation. You all had me a little worried when I saw a newspaper last Wednesday and the market was way down. Glad everyone helped in the recovery. Hope your having a great day!! Take Care Ann P.S. I'm glad you decided to go with the DELL for the gift. The graduate will really appreciate the 'appreciation' on that in the years to come.