When the Roth IRA was created in 1997, it was a small footnote in the world of Pensions and 401(k)s. Fast forward 20 years, and the Roth is on everyone’s mind. The big question: Should I convert my Traditional IRA to a Roth?
There are 3 main questions not ask yourself about conversion. First, when will you need the money? The second involves taxes. And finally, should you convert all at once or spread the conversion over a few years?
David Babinski addresses the questions you need to ask yourself when considering a conversion and more.