If you have an individual retirement account (IRA), you may have considered converting it into a Roth account at some point. But you might not know the best time to do a conversion, or even if doing so would benefit you.
The immediate tax trade-off from an IRA to a Roth is relatively clear: With a traditional retirement account, you pay taxes when you take a distribution; with a Roth, you pay taxes now on the funds you contribute.
