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Isn't there a hole in the tax laws occasioned by removal of the income limits for making an IRA/Roth conversion? The strategy is for taxpayers to open nondeductible IRAs, which have no contributory income limits, and immediately convert the nondeductible IRA to a Roth.

Could this work for you if you find that your income is above the Roth contribution limit?

This works fine if you don't have any deductible or rollover IRAs.
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