This course describes the variables that may affect the choice between the IRA types, as well as other factors that should be considered. Taxpayers will be able to convert other account balances to Roth IRAs, without current income restrictions, beginning in 2010. This course explains if and when traditional IRA accounts should be converted to Roth IRAs. Upon completing this course, you should be able to: Describe how taxation concepts apply to traditional and Roth IRAs Explain the variables that affect the funding choices between traditional and Roth IRAs Compare the importance of other factors on the choice between funding a traditional IRA and a Roth IRA Help clients determine if and when to convert traditional IRAs to Roth IRAs Know if an IRA should be “recharacterized”