Loan & Distribution Specialist AimPoint Pension
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Compass
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Regional Vice President of Sales The Retirement Plan Company
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Bates & Company, Inc.
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AimPoint Pension
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New Roth IRA Conversion Rules in 2010: Should You Convert?
Warner Norcross & Judd LLP [Guidance Overview] Dec. 27, 2009 Excerpt: The reason Congress repealed the $100,000 eligibility limit for conversion was to encourage higher income taxpayers to convert to a Roth IRA, and thereby pay taxes on their regular IRA now rather than in future years. To further encourage the conversion, Congress gave taxpayers two years to pay the taxes due (2011 and 2012). |
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