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Roth IRA Conversions Growing in Popularity

Saturday, Jan 25 2014

News Roundup

Written by PFA News

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Conversions of traditional IRAs to Roth IRAs grew nine fold to $64.8 billion in 2010, which was the first year in which the $100,000 salary limited on conversions was waived. So reports Financial Advisor.

Fidelity Investments reports a five-fold increase during that year and says it is seeing constant growth in its conversions.

Read the full article from Financial Advisor.

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