Roth IRA

[bwdlionfan]

Since football is all but done and everyone else has been posting non-sports stuff in the sports forum.....


Anyone here have an IRA? I'm looking at rolling my traditional IRA in to a Roth IRA.

If I do this, I'll have to pay taxes on it now. Does anyone know if when I withdraw it in 30ish years will I have to pay taxes on the interest?

[Johnny Utah]

As far as I know, Roth IRA is taxed money going in, once you take it out (after certain time) it will not be taxed.

[Bullaholic]

Originally posted by bwdlionfan
Since football is all but done and everyone else has been posting non-sports stuff in the sports forum.....


Anyone here have an IRA? I'm looking at rolling my traditional IRA in to a Roth IRA.

If I do this, I'll have to pay taxes on it now. Does anyone know if when I withdraw it in 30ish years will I have to pay taxes on the interest?

If Phil C doesn't field this one in forum before someone else , bwdlion--PM him...

[bwdlionfan]

ttt