Should You Consider a Roth IRA Conversion in 2010?
by Christine Fahlund
But many remain uncertain whether it pays to convert assets already invested in a traditional IRA into a Roth IRA.
As a result of the new tax act passed earlier this year [the Tax Increase Prevention and Reconciliation Act], more investors will have the option of doing a Roth IRA conversion. Prior to the act, only IRA investors with modified adjusted gross incomes of $100,000 or less for a tax year could convert all or part of the money in their traditional IRA into a Roth IRA in that year.
...To continue reading this article you must be registered with AAII.
to read this article and receive access to future AAII.com articles.
Already registered with AAII? Login to read the rest of this article.