The year 2010 marks the first time that wealthy individuals will have easy access to a Roth IRA. Although they still won't be able to make contributions to a Roth IRA if their adjusted gross income (AGI) is too high, there will no longer be an income limitation to prevent them from converting a traditional IRA or other qualified retirement account into a Roth. A special provision defers the taxation of a 2010 Roth IRA conversion into the years 2011 and 2012.
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