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Old 06-03-2006, 05:53 PM   #11
Sidd Finch
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Join Date: Mar 2003
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Quote:
Originally posted by Mmmm, Burger (C.J.)
I concede that the budget shenanigans of allowing a 1-year unlimited roth conversion to create revenues is bogus, but I support it because I support the increased use of allowing savings to grow tax free (whether taxed at the outset or upon withdrawal).
Is there a rule-of-thumb on when it makes sense to roll your regular IRA into a Roth? I supposed it's a calculation based on age, years until retirement, income, and weather in Toronto. Fringe?

I'll avoid the "what's good for the country" issue in favor of the "what's good for Sidd" issue (if the govt is going to fuck the country up with massive deficits for decades to come, I don't think I should try to offset the cost of that personally. Maybe if I had a spare 10 trillion around, but not otherwise.)
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