Re: 401K withdrawls - taxes
For 2006, the married filing jointly 15% tax bracket tops out at $61,300. With a standard deduction of $10,000 plus personal exemptions for $3200 each, the 15% bracket is pretty generous. But as CFB says, you have to keep all of your taxable income within that bracket, including the IRA amount you are converting, or you will jump into the 25% bracket. So if you are at $100,000 income, even though you are eligible to convert, you might not want to because of the tax hit.
No more lawyer stuff, no more political stuff, so no more CYA