We’ve known and talked about the changes coming to Roth IRAs in 2010 for some time now. Starting January 1, 2010, there will be no income limit place on individuals wishing to convert a Traditional IRA or 401(k) to Roth.

For the most part, this major change has gone under the radar of most of the major financial news publications.

A Wall Street Journal article brings to the surface the most important details about the impending changes to the tax code. They’ve laid out the advantages and disadvantages of converting to a Roth in 2010 and a few things you can do to prepare.

If you are one of many Americans who have been shut out of a Roth IRA in the past due to your income, this tax change should be of great interest to you.

To keep up on all the developments regarding this opportunity, be sure to check out Equity Trust’s online 2010 Roth conversion resource center.  You’ll find information about the change itself, how it affects you and how to prepare.  We’ve even included a recording of our interview with a senior IRS official discussing the changes being made. Check back often to ensure you don’t miss anything.

Related posts:

1. Are You Ready for Roth IRA Changes Coming in 2010?
2. New 2010 Roth Conversion Calculator Available to Help with Decisions
3. 5 Reasons to say “Yes” to a 2010 Roth Conversion

Filed under: 2010 Roth Conversion, IRA Education, Managing Your IRA, Roth IRA, Traditional IRA, self directed IRA on June 26th, 2009