Re: Roth IRA Conversions

You don't need earned income to convert to a Roth IRA, but you do need earned income to contribute to a retirement plan.

Anyone can do a Roth IRA conversion starting in 2010 with the income threshold repealed. It's a good strategy to soak up taxable losses.

I cover the Roth IRA strategies in full in Green's 2010 Trader Tax Guide.