I was talking to my financial advisor yesterday. He mentioned next year in addition to the one time Roth conversion being available that the income limits for Roth IRA eligibility are being lifted. I just wanted to see if anyone else has read about this.

To clarify, the removal of the income limitation only applies to conversions. From 2010 and thereafter, you can convert a traditional IRA to Roth IRA, no matter how high your income.

However, the income limit remains as regards to funding a Roth with new money. It will remain true that if you make too much money, you cannot contribute to a Roth IRA (except for the aforementioned conversion). No change there, aside from the annual change to the income level that disqualifies you, as determined by the IRS.



See this page:
http://www.money-zine.com/Financial-Planni...RA-Conversions/

Thanks for the info.

If you make too much, contribute post-tax to a traditional IRA then convert it later.