Survey Finds Most Americans Unaware of New Roth IRA Conversion Options
ST. LOUIS—-A new survey commissioned by online investing firm Scottrade finds most Americans are unaware of the new 2010 Roth IRA conversion rule changes that removed the $100,000 income limit for certain IRA conversions, an option that will benefit many of those who are unfamiliar with the new rules.
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Survey Finds Many Investors Ambivalent to New Roth IRA Conversion Opportunity
OMAHA, Neb.—-There is no mad dash to convert to a Roth IRA when the rules change in January, making those with income over $100,000 newly eligible for such a conversion, according to a panel of over 1,000 TD AMERITRADE Holding Corporation’s retail investor clients.
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