Who is eligible for a Roth IRA conversion?

The Tax Increase Prevention and Reconciliation Act of 2005 eliminated conversion eligibility requirements beginning January 1, 2010. Therefore, anyone may convert eligible assets in an existing IRA or roll over employer-sponsored retirement plan assets to a Roth IRA without having to meet any Roth IRA eligibility requirements.

Read "How much can I contribute to a Roth IRA?" to learn about the eligibility limits.