2010 Roth IRA conversion rules - All Commentshttp://socialize.morningstar.com/NewSocialize/blogs/bucrogers/default.aspxenCommunityServer 2008 SP1 (Build: 30619.63)Re: Test posthttp://socialize.morningstar.com/NewSocialize/blogs/bucrogers/archive/2008/04/03/Test-post.aspx#2668017Tue, 23 Jun 2009 02:40:00 GMT30c6ca6e-72d0-4918-b5f9-d2ac565bc50b:2668017albert<p>Thanks.</p> <div style="clear:both;"></div><img src="http://socialize.morningstar.com/NewSocialize/aggbug.aspx?PostID=2668017" width="1" height="1">Re: Test posthttp://socialize.morningstar.com/NewSocialize/blogs/bucrogers/archive/2008/04/03/Test-post.aspx#2703909Wed, 16 Sep 2009 00:40:56 GMT30c6ca6e-72d0-4918-b5f9-d2ac565bc50b:2703909cyborg1939<p>Yes, this is viewable by all............and we can respond to it...............</p> <div style="clear:both;"></div><img src="http://socialize.morningstar.com/NewSocialize/aggbug.aspx?PostID=2703909" width="1" height="1">Re:Statements/Questions version 1http://socialize.morningstar.com/NewSocialize/blogs/bucrogers/archive/2008/04/03/Statements_2F00_Questions-version-1.aspx#2505225Fri, 04 Apr 2008 17:15:57 GMT30c6ca6e-72d0-4918-b5f9-d2ac565bc50b:2505225BobLudlow<p>As the law currently stands, you are correct. Note that if you have gains on your IRA investments (meaning the total value exceeds $19,000) then you will have to pay tax on the profits at your normal tax rate (not the capital gains rate). But then you are home free! Unless.....</p><p>1) Congress changes the law between now and 2010 regarding IRA conversions. Assuming you are not very close to retirement age that won&#39;t be so bad - you will still have years of tax-free compounding ahead of you before you have to start taking taxable minimum withdrawals. I think this is a pretty likely possibility. </p><p>&nbsp;2) You succeed with you conversion but some time in the future Congress decides to change the rules on Roth IRAs. If they don&#39;t change the current Medicare and Social Security systems they will be looking everywhere for more taxes. But I judge this to be an extremely low probability scenario. </p><div style="clear:both;"></div><img src="http://socialize.morningstar.com/NewSocialize/aggbug.aspx?PostID=2505225" width="1" height="1">