When To Convert The Traditional IRA Into A Roth IRA
by The Trusts and Estates Department at Wiggin and Dana LLP
According to Bob Benjamin a partner in the Trusts and Estates Department, Wiggin And Dana, prior to 2010, an individual could convert a traditional IRA into a Roth IRA provided his or her modified adjusted gross income did not exceed $100,000. Starting in 2010, an individual may make such a conversion regardless of his or her annual income. ... [ Full Story ]