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Re: meo2000 post# 109935

Saturday, 01/09/2010 7:44:04 AM

Saturday, January 09, 2010 7:44:04 AM

Post# of 131532
OT: The taxable value of the account is as of the date of conversion only- so I will only be taxed on $1,000 now - in a Roth - later when I take distributions - that money is not taxed then - so if in 10 years my value goes to $1,000,000 then "no Tax"

seems like a deal I can afford - now if this company goes to $30 and splits 2 or 3 times along the way - that would be nice over 10 years