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Should you convert to a Roth IRA now?

by on
in Small Business Tax

Is converting a traditional IRA to a Roth this year a good idea? It de­­pends on the situation. Weigh the pros and cons. Although taxpayers no longer can benefit from a special tax break for conversions in 2010, converting to a Roth still might be a smart tax move. Of course, the conversion is subject to current income tax.

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