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For those who need a re-fresher about me...
I'm now 29 y/o.
Self-employed physical therapist who maximizes his solo 401(k) contribution every year.
I have been maximizing my Roth contributions the last 4 years.
So every year, I convert the 401(k) money into a "rollover" IRA. It's stupid, but it's necessary as 401(k) money is very "touchable" in a lawsuit but IRA money is less "touchable."
Anyways, so now I have a nice chunk of change sitting in the rollover IRA, which is eligible to be converted to a Roth. This would cost me quite a bit, but I think it would be worth it, and my rationale is:
a. it's tax-free money at the end, and I have lots of time for compounding to work for me.
b. I do not know what tax-bracket I'll be in, nor do I know what the government will do to tax-brackets.
c. I don't spend a lot of money, so the money I spend on the taxes for now won't be missed terribly (I would probably just find another investment to put that money now anyways).
So, should I convert?
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