User john - The Daily Savermost recent 30 from http://www.thedailysaver.com2010-08-01T07:08:09Zhttp://www.thedailysaver.com/feeds/user/6http://www.creativecommons.org/licenses/by-nc/2.5/rdfhttp://www.thedailysaver.com/questions/7/whether-to-convert-traditional-ira-to-roth-in-2010Whether to convert traditional IRA to Roth in 2010John2010-01-21T18:28:24Z2010-07-24T10:24:03Z
<p>My understanding is that calendar year 2010 is the first time there are no restrictions on converting an IRA to a Roth IRA. </p>
<p>In short, whatever amount converted is treated as regular income for tax year 2010 so you have to pay tax on it but then it can grow tax free forever.</p>
<p>Do you think the authorities could change the rules and tax it again later? </p>
<p>If one believes tax rates will be higher in the future, isn't conversion now a no-brainer? </p>