Earned Income Tax Credit | Roth IRAs Are Now Available for the Rich! You Must Act Before 2011

Roth IRAs Are Now Available for the Rich! You Must Act Before 2011

Beginning in 2010 the new law extends conversion of a traditional IRA into a Roth IRA to those taxpayers earning more than $100,000 of modified adjusted gross income. Once converted to a Roth IRA, further taxes are not paid on money earned from fund growth or principal withdrawals.

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