Roth conversions now open to everyone

Posted on Feb 16, 2010

Effective January 1, 2010, the option of converting a traditional IRA to a Roth IRA is available to all, even those taxpayers originally shut out by the $100,000 income limit for eligibility. Roth IRAs are popular because qualifying distributions are tax-free and minimum annual distributions aren’t required at age 70½. If you’re interested in this new opportunity, contact us for details.