Was wondering if anyone has tried the following approach to funding a Roth IRA for 2011 that makes more than the IRS income limits. I have talked to one CPA and he doesnât see anything wrong with it but also doesnât do taxes on individuals either and recommended I talk to someone more qualified which I will but thought I would throw this out there anyway. Since the 2011 income limits a Roth IRA is $179,000 for married (120,000 for singles), you open a regular IRA and make a non-deductible IRA contribution for 2011. You then covert the IRA to a roth IRA, in 2011 there isnât an income limit on the conversion. Since you havenât traded in the account you do not pay taxes on the conversion and have thus successfully funded a Roth IRA while making more than the IRS limits. Just thinking out loud hereâ¦.