Should You Convert Your IRA or 401k to a Roth IRA?
There was a lot of hoopla when the rules were changed a few years ago to allow any taxpayer, regardless of income level, to convert IRA's and retirement plans to Roth accounts. So much so that you would think Roth conversions were "no-brainer" decisions. But in reality, a Roth conversion probably only makes sense for a small minority of investors. Here are some of the major factors to consider in deciding whether to convert your IRA or retirement plan account to a Roth IRA.