To Roth or not to Roth?

TheresaCPA
Sun, 13 Dec 2009 11:31:48 +0000

Keep in mind, when deciding to pay taxes now or 2011 and 2012, that the tax code is set to expire if nothing is done and taxes automatically go UP. The chance of nothing being done and taxes going up on the higher income brackets is a short odds situation.
Also keep in mind that if your converted Roth goes down prior to 10/15/2010 you can always take a mulligan and unwind it and do it over in order to pay less tax on the conversion. consult your investment adviser and tax adviser together.