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Limitation on conversion

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Limitation on conversion
Applies mainly to convertible securities. Possible delay in convertibility. More frequently, the right to convert may be terminable prior to a redemption date, preventing the holder from receiving a final coupon or dividend. See: Accrued interest.


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For tax years beginning after 2009, the new law eliminates this $100,000 modified AGI limitation on conversions of regular IRAs to Roth IRAs and also allows married individuals filing separately to make such conversions.
 
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