In the past anyone with income over $100,000 could not perform a Roth IRA conversion. Effective January 1, 2010, the income limitations for this strategy have been removed. Bill Gates could do a Roth IRA conversion in 2010 (and almost certainly will)!
There are many key steps to doing a Roth IRA conversion properly. Perry Moore, our Director of Wealth Planning, has written an extensive white paper on the considerations surrounding a Roth IRA conversion. This white paper is available to those who contact us via our website at http://tiny.cc/AiO9h .We’ll be confirming contact data with you before sending out, so that we know we aren’t training our competition.
