Restart
12 of 20
12. When is converting a portion of your traditional IRA to a Roth IRA a good idea?
-
You have a big tax deduction this year, and your marginal tax rate is lower than normal.
-
Your traditional IRA is worth over $250,000
-
You are filing jointly, and your spouse retired in the past year.
-
When you meet a hot accountant and want to be able to say you have a 'Roth IRA' because it sounds classy.
