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Home / Practice Areas / Business and Civil Practice / Limits on Roth IRAs set to end – should you convert?

Limits on Roth IRAs set to end – should you convert?

As of Jan. 1, 2010, individuals with an adjusted gross income of more than $100,000 can convert an existing IRA or 401(k) account into a Roth IRA. Estate planning attorneys should contact their clients about this opportunity, and lawyers should consider whether to take advantage of the change for their own retirement plans.