Compare keeping money in a Traditional IRA vs. converting to a Roth — see which leaves you with more after-tax wealth.
Partial conversion is common — watch for bracket creep.
Rate you'll pay on conversion amount now.
Expected rate when you withdraw in retirement.
Best practice: pay conversion tax from taxable savings.
* Roth conversion makes sense when your retirement tax rate exceeds your current rate, or for estate planning purposes. Consult a tax advisor before converting.