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Roth Redux

A new act raises the ban off of Roth IRAs.

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This story appears in the September 2007 issue of Entrepreneur. Subscribe »

Roth IRAs, retirement accounts that let you contribute post-tax earnings that grow tax-free, have never been available to anyone who earns more than $110,000 a year (or to married couples earning more than $150,000). But that's about to change. Thanks to the Tax Increase Prevention and Reconciliation Act, taxpayers at all income levels will be able to convert traditional IRAs to Roth IRAs.

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