(Total Views: 393)
Posted On: 12/08/2018 6:45:47 PM
Post# of 82686
an other great discussion today
and since we were talking about Federal Taxes yesterday i would like an opinion from the many CPA here
A friend of the sfor sent me a pm
he decided to switch his rollover Ira and transfer into the Roth Ira that he already had
He is retired so he cannot contribue anymore, but he felt that if indeed our shares will be in the dollars in the future
paiy the taxes now at at lower stock price,by rollover into the Roth and if indeed we become millionairs
he would not have to pay any dime anymore!!!
I will check with my tax person next week
but if there is a CPA in the house
is that a good idea?
the pro
and the con please for all to learn
i am 70 1/2
and since we were talking about Federal Taxes yesterday i would like an opinion from the many CPA here
A friend of the sfor sent me a pm
he decided to switch his rollover Ira and transfer into the Roth Ira that he already had
He is retired so he cannot contribue anymore, but he felt that if indeed our shares will be in the dollars in the future
paiy the taxes now at at lower stock price,by rollover into the Roth and if indeed we become millionairs
he would not have to pay any dime anymore!!!
I will check with my tax person next week
but if there is a CPA in the house
is that a good idea?
the pro
and the con please for all to learn
i am 70 1/2
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