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Tag: tax consequences

Can a Federal thrift retirement plan be transferred into a Roth IRA ? If so what would be the best way tax?

28 July, 2010 (08:32) | United States | By: Frank

jbrom72000 asked: If the transfer is possible,tax wise, how would one go about it with the least tax consequences.My thinking is ,I will have to pay taxes anyhow, why not pay them now put what remain into a Roth to grow while stock are down …and maybe leave some to heirs after I die . [...]