“Roth Conversions: When They Make the Most Sense
Should I Do a Roth Conversion — and When?
Converting Traditional IRAs to Roth IRAs can sometimes help you save on taxes.
Everyone’s retirement horizon, risk tolerance, and lifestyle is different. But almost everyone wants to minimize taxes. If you expect to be in a lower tax bracket this year than you might in future years, a Roth conversion may be worth considering.
The benefits:
Converting while in a lower tax bracket lets you lock in today’s rates.