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Re: bas2020 post# 91961

Thursday, 02/16/2017 3:47:22 PM

Thursday, February 16, 2017 3:47:22 PM

Post# of 470568

I'd rather pay a one-time conversion tax on, say, a $600k valuation than pay income taxes each year on withdraws and Required Minimum Distributions of 6%+ on $10M or more in a Traditional IRA.

If you have the capitol to pay a conversion tax today, you also could buy a lot more shares. Even if you only had a conservative tax rate of 20%, that would buy 22K shares today. What would they be worth by the time you take distributions and wouldn't that offset the cost of future taxes?
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