Roth IRA Changes For 2010

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As of 2010 there are NO income limits. Now if you expect to maintain a high tax bracket after the age of 59 1/2 then you should speak to an adviser and switch your IRA to a Roth IRA. Here is the catch: You can start funding your regular IRAs this year. Then in 2010, you can convert all of these funds over to the Roth IRA.

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