SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: Mephisto who wrote (15417)4/15/1999 4:53:00 PM
From: Lynn  Read Replies (2) | Respond to of 64865
 
M:**OT**

Converting to a Roth before 1999 only gave people the opportunity to spread out their tax liability over four years. After January 1, 1999, people have to pay the total tax due for the year they convert. One way or another Uncle Sam gets his cut.

People have the opportunity to move from one to the other [regular IRA to Roth] once a year. Example: If you change your IRA to a Roth tomorrow, you can shift it back to a Roth at a later time this year.

Lynn