In 2010, anyone can convert their IRA money to a Roth IRA, regardless of income. What this means is that virtually all clients need to explore the pros and cons of converting part or all of their IRA proceeds. CPAs must now begin to determine the best alternatives for clients. There are not only income tax planning strategies that must be considered, but also distribution tax strategies, estate tax issues, and beneficiary issues that must be investigated. Clients who have not yet taken Social Security also have to consider whether to take either IRA proceeds first and delay their Social Security for a higher benefit, or take a discounted early Social Security benefit to build a higher IRA balance.