Hello everyone! I'm looking forward getting some good retirement/investment advice.
I happened across the forum while looking for an answer to a rollover/conversion question I have. I looked through the FAQs but couldn't find an answer to my exact situation so any input would be appreciated.
Here's the breakdown. I had a SEP IRA and a ROTH IRA that both lost half their value in 2002-2003. I pretty much let them sit there until Jan 2007 when I moved them to another investment firm. I transfered the ROTH over and transfered the SEP to a traditional IRA. I'm now thinking about transferring the traditional IRA to the ROTH and am wondering about the tax implications and any other pitfalls I may encounter.
Thanks again - any advice would be much appreciated.
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Thanks for the reply. Any idea what the implications are if I'm getting married in Nov - would our AGI have to be under $100k for 2008 or can I convert before I get married?