Roth Conversions: What They Do, When They Tend to Make Sense, and What to Weigh
If you have meaningful balances in a Traditional IRA, a 401(k), or another pre-tax retirement account, you’ve probably heard about Roth conversions. This post explains what a conversion is, what it can and can’t do, and the questions to work through before deciding whether one fits your situation. What a Roth conversion is A Roth…