News Markets Groups Media

USA | Europe | Asia | World| Stocks | Commodities





« Previous post
Date: 2008-06-30 13:37:13
Subject: Re: Convert 403b to Roth 403b
From: "HW \"Skip\" Weldon" <s...@h...com>
Show all headings

On Sun, 29 Jun 2008 05:51:21 -0500, m...@g...com wrote:


>What are the pros and cons of switching to the Roth 403b?
>

There are several pros to the Roth 403b, each depending on what kind
of changes to the tax code we see between now and when you withdraw
the money.

But an immediate negative will be increased taxes now. What were
traditional 403b contributions will now be taxable income to you. And
I believe the same is true of the employer match. Bottom line: More
taxes, without more income to pay those taxes. This may or may not be
a problem for you, but it is important to be aware of it.





-HW "Skip" Weldon
Columbia, SC

--------------------------------------
Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the
Newsgroup.

 
Next messages in the thread Latest threads in this group Latest threads
30.06 mjgrinnell@gmail.com
30.06 joetaxpayer
FROM THE MODERATORS: Lengthy posts
Big Slide in 401(k)s Spurs Calls for Change
investing in cheap houses
Mortgage Advice
Short-term Fund purchasing advice...
Enjoying the Bull Market?
Financial Guru: Buy-and-Hold a Thing of the Past
Another suicide due to financial crisis.
Buying new car at distress prices?
TIPS duration
FROM THE MODERATORS: Posting to misc.invest.financial-plan
Value at Risk (NYT article)
When do companies report 4th quarter and Christmas results?
Ranking the Experts
P/E
NXGNF.OB 3:29PM ET 0.05 0.03 150.00%
Ping --- ausound
EOD Performers Fri 01/09/09
please permit me to PUMP AND DUMP STHK
Racism and Anti-semitism
OT: Flat Tax and Value Tax- Greed and Wealth Transfer
THE ULTIMATE M.I.S. STOCK: AMMD
New 2009 Non-Profit Stock Market Resource
Mid-Day Performers Fri 01/09/09
Yippie!!
The Kaaba
Make This Work For You!
Your Daily Payday!
Warren Buffett's Berkshire Hathaway dropped 32% in 2008
Early Performers Fri 01/09/09
Privacy policy . Copyright . Contact form .