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What is a roth ira conversion?

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7th May 2010 by Gary B

A Roth IRA conversion means taking an existing traditional IRA you have and converting it to a Roth IRA. Starting in 2010, those with adjusted gross income of $100,000 or over will be allowed to participate in the Roth IRA conversion as well. Remember we're talking about converting IRAs, not funding them, which is different.

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11th Dec 2009 In Retirement 1 Answers | 117 Views
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