Why Should I Convert My IRA To A Roth?

  1. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    That is really a tax question.  If you are currently in a lower tax bracket than you anticipate in retirement you would then pay the tax on the IRA while in this lower bracket and save that money.  If you think that the tax brackets will increase you might do it for the same reason.  If you want the flexibility of tax free income in retirement you might consider the conversion.  It actually makes sense quite often.
    Answered on August 28, 2014
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