The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: IRA-Roth conversion||Date: 5/6/2011 12:32 PM|
|Author: drippinfool||Number: 113360 of 121106|
From Pub 590 under What's New for 2010:
"Conversions and rollovers to Roth IRAs. The modified AGI and filing status requirements for converting and rolling over amounts to a Roth IRA are eliminated."
You can read all about it here:
Starting in 2010 the income limitations for Roth conversions (not contributions) were eliminated, giving birth to the "backdoor Roth."
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