http://bizzywomen.com/2009/there-may-never-be-a-better-time-for-a-roth-conversion/ Empowering professional women Wed, 10 Mar 2010 22:25:12 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://bizzywomen.com/2009/there-may-never-be-a-better-time-for-a-roth-conversion/comment-page-1/#comment-33735 Britt @ Your Roth IRA Fri, 02 Oct 2009 15:26:58 +0000 http://bizzywomen.com/?p=3459#comment-33735 Also note, that if you make too much to contribute to a Roth IRA, you will be able to effectively do so in 2010. Since the $100,000 income limit on conversions disappears, all you have to do is make non-deductible Traditional IRA contributions, and then convert your Traditional IRA to a Roth IRA. Since the contributions are non-deductible, you owe zero tax on the conversion, and you end up with funds in a Roth IRA! Also note, that if you make too much to contribute to a Roth IRA, you will be able to effectively do so in 2010. Since the $100,000 income limit on conversions disappears, all you have to do is make non-deductible Traditional IRA contributions, and then convert your Traditional IRA to a Roth IRA. Since the contributions are non-deductible, you owe zero tax on the conversion, and you end up with funds in a Roth IRA!

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