IRA Conversions To Roth IRA - 2005

Effective Januay 1, 2005, a tax-law change concerns an income test (Seniors) for IRA conversions to a Roth IRA. As in the past, people can make the switch only in a year when their modified adjusted gross income -- not including income generated by the conversion itself -- doesn't exceed $100,000. But now, required minimum distributions - age 70 1/2 - from traditional IRAs no longer count toward that figure.
http://www.rothira.com