http://www.fivecentnickel.com/2007/05/17/roth-ira-conversion-limits-going-away/ personal finance tips, tricks, and commentary Sun, 22 Nov 2009 04:49:32 -0500 http://wordpress.org/?v=abc hourly 1 http://www.fivecentnickel.com/2007/05/17/roth-ira-conversion-limits-going-away/comment-page-1/#comment-77798 thc Sun, 20 May 2007 15:11:06 +0000 http://www.fivecentnickel.com/2007/05/17/roth-ira-conversion-limits-going-away/#comment-77798 You keep referring to this provision of TIPRA as a "loophole". It's not a loophole at all, it was built into this legislation very intentionally because of the huge tax revenue windfall it will create especially for 2011 and 2012. I have clients who will convert millions in 2010 and happily pay the taxes to be able to Rothify. (Well, maybe not "happily", but you get the picture). You keep referring to this provision of TIPRA as a “loophole”. It’s not a loophole at all, it was built into this legislation very intentionally because of the huge tax revenue windfall it will create especially for 2011 and 2012. I have clients who will convert millions in 2010 and happily pay the taxes to be able to Rothify. (Well, maybe not “happily”, but you get the picture).

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