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This year marks several changes when converting from a traditional individual retirement account to a Roth IRA.

According to CUNA Mutual Group’s MEMBERS Financial Services, before 2010, conversions were available only for those making $100,000 or less in modified adjusted gross income. Beginning this year, the income limit goes away and everyone is eligible. When conversions from a traditional IRA to a Roth IRA are done in 2010, the taxes due can be deferred and spread across 2011 and 2012.

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