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The Three Tests Before a Roth Conversion

As we approach year end, one of the most popular client questions is, “Should I do a Roth Conversion?”

It's easy to understand why Roth IRAs are so popular, and because anyone can do a Roth conversion – regardless of age, income level or work status – it's a common question as clients consider year-end strategies. 

But before you make the conversion, it's important to ask three questions to analyze if the strategy is really in the client's best interest. Tim Steffen, Baird's Director of Advanced Planning, breaks down these tests in the below video.

The Three Tests Before a Roth Conversion