No IRAs to Convert to Roth? Here's a Way to Create Yours

The income limits preventing higher income taxpayers from contributing directly to a Roth IRA still apply in 2010. But these folks can still contribute to a traditional IRA and convert it to a Roth tax free. This video shows you a cool tip for how to do it and explains how it works:

Ray Martin

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Ray Martin has been a practicing financial advisor since 1986, providing financial guidance and advice to individuals. He has appeared regularly as a contributor on the CBS Early Show, CBS NewsPath, as a columnist on CBS Moneywatch.com and on NBC-TV's morning newscast TODAY. He has also appeared on the Oprah Winfrey Show and is the author of two books.

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