Thinking about a Roth IRA conversion? Now may be the ideal time
Abstract: Roth IRAs offer significant financial and estate planning benefits. If one has a substantial balance in a traditional IRA and is considering converting it to a Roth IRA, there may be no better time than now. This article details the reason why reduced income tax rates under the Tax Cuts and Jobs Act reduces the cost of converting a traditional IRA to a Roth IRA. A sidebar explains why it’s not too late to undo a 2017 Roth IRA conversion.