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Personal Finance Topics / Retirement Investing
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Author: AdrianC ⎊🐝  😊 😞
Number: of 667 
Subject: Re: 401k
Date: 11/04/2024 10:04 AM
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You have to look at the entire picture. What happens is that people look at the outside funds used to pay the tax at conversion [the $2400] as "magic money" and don't consider the alternative use you could put it to. The correct alternative to consider is "invest it the same way".

That's exactly what I show. In the do not convert case, the $2400 in taxable grows to $4800, and our investor pays 10% cap gains on the $2400 gain.
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