-----Original Message----- From: Eva Rosenberg, EA - Your TaxMama [mailto:[EMAIL PROTECTED] Sent: Wednesday, October 24, 2007 12:04 AM To: Maurice C Jennings Subject: TaxMama's Tax Quips - Roth IRA and 401(k)
Dear Maurice, Today TaxMama hears from Ken in Los Angeles, who tells us "I've maxed out my regular 401K contribution ($15,500 I think) for the year. Are there any negative tax consequences if I start contributing to a ROTH IRA?" Oh goodness Maurice, do you think there are any tax consequences to consider? TaxMama certainly thinks so! Listen...or Read. http://www.asktaxmama.com/podcast/index.php?id=588 --- Hugs Eva Eva Rosenberg, EA Your TaxMama www.TaxNerd.net - Express your inner TaxNerd! www.TaxQuips.com - Your Daily Tax Tips and Quips www.TaxMama.com - lots of free and fun tax information www.IRSExams.com - Pass the IRS Special Examination P.O. Box 280549, Northridge, CA 91328, USA