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To: Donster who wrote (10862)10/27/1998 6:06:00 PM
From: George C. Grasser  Read Replies (2) | Respond to of 11684
 
And ya all keep an eye out for obits. I enjoy celebrating the passing of people who rip me off.

You should have seen me jump and dance the day my car salesperson died. I was equally exuberant at the demise of a former attorney of mine who overcharged me.

Not Christ-like I admit but very satisfying.

George



To: Donster who wrote (10862)10/29/1998 5:01:00 PM
From: SCOOBEY-DO  Read Replies (1) | Respond to of 11684
 
Donster,
Did you convert your IRA to a Roth IRA? The Wallstreet Journal had an article regarding the recharacterization of the Roth back to a traditional IRA. I was worried about recharacterizing back to a traditional because I called the IRS and they said that it could not be done unless you made over $125,000 in regular income and should not have transfered the money to a Roth in the first place. The Wallstreet says that you can recharacterize one time in 1998 and once time again in 1999. You might want to look into the possibility. At least that way you would not have to pay FIT on the investment that you transfered to a Roth IRA and lost. Scoobey