When Does a Roth Conversion Make Financial Sense?

A thoughtful man in a blue shirt reviews documents at a desk labeled with folders "Traditional IRA" and "Roth IRA," evaluating retirement account strategies.

A Roth conversion lets you shift money from a pre-tax retirement account into a Roth IRA. The trade-off: you pay taxes now in exchange for tax-free withdrawals later. Done strategically, a Roth conversion can lower your lifetime tax bill, reduce required minimum distributions (RMDs), and give you more control over retirement income. But the benefits…

Read More