Converting traditional IRA into Roth is one of the current topics going on. Many financial firms are too eager for you to switch to Roth and Government has offered one-time incentive to convert your traditional IRA into Roth. If you withdraw money from your IRA to transfer it to a Roth in 2010, you can choose to pay the income tax on that withdrawal over two years, with tax returns you will file for 2011 and 2012.
