RDR2 & maronti1 ROTH IRA Imporant ! Some years
Post# of 82672
Some years The ROTH allows you to pay the Tax on the amount you RollOver into the Roth over two years rather than paying it all in that First year you do the Rollover.
Although not very Often, check the Rules for the year you do the ROTH.
When the ROTH first began, that 1st year you could take 4 years to spead out the Tax on what you Rolled into the Roth.
Of course not many knew about the ROTH that fist year, except our Corrupt Politicians, who I would assume took full Advantage.
Of course as Murphys Law dictates, the year AFTER I did my Rollover from my 401K they offered two years, no Rhyme or Reason that I know of ? But as always I was a day late and a dollar short.
I believe they did it again a few years ago..
ROTH - You pay taxes on the Amount you Roll in, but all the Gains are TAX FREE, Perfect for just a situation as an Investment in StrikeForce..
I would advise anyone with an IRA to Roll it or part of it into a ROTH IRA before StrikeForce goes BOOM !
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