PJ Media

"The so-called value of tax-free Roth income is just goofy...."

I was reading up on the Roth conversion for 2010 and a href=”http://www.mercurynews.com/columns/ci_14120635″found this article/a from MercuryNews.com:br /br /blockquoteWith all this talk about Roth IRA conversions available to everyone in 2010, I don’t see the attraction. It seems so simple to me to understand that if I don’t write a big check to pay the taxes a conversion requires, I will have a lot more money, along with compound earnings, to pay whatever taxes I might owe on future distributions.br /br /Plus, I control all the money and I have hedged my bets against what might be changes in tax policy or another market crash over the next 40 years./blockquotebr /br /I agree. I just don’t understand all the people who think that converting to a Roth IRA in 2010 is a a good idea. Do you?