From: Sandra Loosemore 
Newsgroups: misc.invest.financial-plan
Subject: another where-to-put-my-money question
Date: Tue, 21 Feb 2006 21:50:34 -0600
	iQBVAwUAQ/vfi/l/I4+O31e5AQHyzQH+I9LbzwXyfZCI7nZdC4/ElQqJYWXo3sFA
	IsiIfb330uOMMKpiQc+jJ7gHob9VZXBKng8wXo0L3uM1De5PxGpLLg==
	=FrNf

OK, suppose I have some extra money on my hands.  My mortgage is paid
off and I'm contributing enough to my 401(k) to get the full employer
match.  At this point, people like to recommend that you max out a
Roth IRA before you do anything else....  but would it make more sense
to use the money to pay the taxes on a Roth conversion on an existing
traditional IRA instead?  Is doing a Roth conversion such a winning
idea that I should also roll over my 401(k) plans from previous
employers into an IRA and convert them as well, and pull money out of
my existing taxable investment account to pay the taxes?  Or is it
better to hedge one's bets about which way tax rates might go in the
future by keeping that part of my money where it is now?  Excluding
the home equity and my emergency fund, right now I have about 15% of
my investments in the traditional IRA, 25% in the 401(k) plans, and
60% in my taxable investment account.

If it makes a difference, I'm 46, and this may be the last year my
income is low enough to qualify to do a conversion for a while.

-Sandra