To Roth or not to Roth?

NewHope33
Sat, 12 Dec 2009 17:09:29 +0000

DW and I have struggled with this question also. Whether or not it makes sense to convert seems to depend on factors specific to an individual’s situation. For example, it you’re sixty and want to use the IRA for estate planning only, conversion makes sense. On the other hand, if your non-Roth IRA has done exceptionally well and you’ll need all that money for retirement, conversion might not be a good idea. As the cliche goes … “It kinda depends …”