Considering Roth conversion? - January 14, 2010
With Roth conversion open to all taxpayers this year, regardless of income, opinions on both side of the fence are being expressed vigorously. Some characterize the opportunity to convert as a huge gift from the government, while others feel just as strongly that it’s nothing more than a huge gift to the government!
A recent article in the New York Times highlights most of the issues on both sides of the question — and will help you think through whether or not conversion makes sense for you:
New Rules Ease Roth IRA Conversions, But Should You? (New York Times)