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<< 1. First of all, I was reading in the info on IRAs that those eligible for an IRA were people earning income, etc., etc. If I am no longer earning income in the States can I still maintain an IRA?? >>

Yes.

<< 2. As far as I understand, I won't be able to contribute to my IRA from Europe, correct?? >>

Possibly. There have been several threads discussing the ins and outs of this issue over on the Tax Strategies board. Check 'em out with a search on "foreign."

<< 3. I'm thinking about converting it to a ROTH. Since I can't contribute, wouldn't this be a better option for me?? >>

It might be. If you convert to Roth, the current value converted is taxable income to you in the year of conversion. You can read all about conversions in the Tax Strategies FAQ.

TMF ExRO
Phil Marti
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