As of this year in 2010, anyone can roll over a traditional IRA or 401k into a Roth IRA regardless of your income. If you make the conversion in 2010, any taxes due with the conversion can be paid over two years. Any conversions made after 2010 have to be paid in the same year.
[This post is written and copyrighted by Financial Elite (http://financialelite.blogspot.com/ ).]
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