What are the new rules starting in 2010 for converting IRAs to Roth IRAs?…
Starting in the year 2010, the Tax Increase Prevention and Reconciliation Act of 2005 (TIPRA) allows you to convert your Traditional IRA to Roth IRA regardless of income. If you convert in 2010, you’ll be able to spread the tax impact over 2011 and 2012… http://www.skloff.com/Articles/HowToSolveTheIRASqueeze-IP-060309.pdf Regards, Aaron Skloff, AIF, CFA, MBA CEO – Skloff Financial Group Phone: 908-464-3060 www.skloff.
