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ROTH Conversion? Weigh your options first.

ROTH Conversion? Weigh your options first.

As we head into end-of-year tax planning, it seems that one question is on everyone’s mind: Should I convert my Traditional IRA to a ROTH IRA? Articles are everywhere touting the value of ROTH conversions, and for good reason. ROTH IRAs offer many potential benefits, including tax-free growth, tax-free withdrawals (when adhering to qualified distribution criteria), no minimum withdrawal requirements at 70 1/2 and the ability to pass on the assets to heirs tax free.