dixonge
Thinks s/he gets paid by the post
Just ran the numbers on Schwab's calculator. It indicated that the difference between IRA and Roth 14 years from now would be a whole $6.
This doesn't seem right though. Our income will go up this year, next year and two years after that (pensions and SS). After this point, no more income increases. At 7% growth for 14 years, wouldn't my tIRA taxes then be worse than conversion taxes now?
Feel like I'm missing something...
This doesn't seem right though. Our income will go up this year, next year and two years after that (pensions and SS). After this point, no more income increases. At 7% growth for 14 years, wouldn't my tIRA taxes then be worse than conversion taxes now?
Feel like I'm missing something...