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Old 03-25-2007, 12:11 PM
ski ski is offline
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Join Date: Feb 2006
Location: Leaving Thailand soon.
Posts: 2,810
Default Re: Contributing to both the Roth IRA and 401(k)

Can someone clarify this normal IRA into Rother IRA thing for me?

If I put money in a traditional IRA this year when I am paying 35% tax and then move it to a Roth IRA after poker is over (and I'm probably paying like 20% tax) do I only have to pay 20% tax on it?

If so, SICK.
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