If you asked this question, you’re really wondering if a Roth IRA Conversion will save you more in taxes?

Mechanically, this strategy involves converting savings from pretax retirement accounts, such as 401ks and Traditional IRAs, to a tax-free Roth IRA. While this strategy can help you save tax, it involves analyzing multiple pieces and timelines of your financial picture. To make the best decision requires an in-depth evaluation of your specific situation.

Primary items to consider:

• Current and Future Tax Bracket
• Expected Income Sources
• Types and Amounts in Different Investment Accounts
• Time left until withdrawals needed
• Comfort Level with Investment Risk