Replies to post #176913 on Amarin Corp Plc (AMRN)

[rosemountbomber]

Another thing I often wonder about is there seems to be a general assumption that Roth withdrawal will always be tax free. Sure there would be a huge outcry if the politicians changed that but they are always tinkering with stuff and surely we all know that the debt will constantly be. increasing and one day they may make some changes to the Roth.

[noelan_s09]

Crikker,

I apologize for my lack of understanding but really want to understand your view.

Example:

05/15/18 -100K shares converted from traditional to roth @ $3.17 = $317,000
Today - 100K shares @ $17.46 = $1,746,000

My understanding is I owe income taxes on the value during conversion ($317K) along with my other income. My question is, does it really matter if I go from a 32 to 37 percent tax bracket on my income if I have tax free money from here on out?

Thank again,
Noel

[KevGee59]

He's paying 25% taxes on the stock when it was 3.17 per share. Now the pps is 549% higher than then. When the pps goes higher...no matter how high...no taxes ever again. There is no way this wasn't a good move.

Plus...when the stock gets bought out or the GIA gets the pps to $150 3 years from now. He will probably be in a higher tax bracket when he retires.

Definitely a good move...no matter how you slice it...the math will prove it.

KG