In recent years, vast numbers of people have become eligible toconsider Roth conversions. They includehigh-income people who were not eligible for Roth conversions prior to 2010 andmillions of people who have become eligible to convert money toemployer-sponsored Roth 401(k) accounts since they became availablein 2006.

At least once every two years, financial advisors should have a“conversion conversation” with clients, to review and evaluateconversion options:

  • From Traditional IRAs and SEP-IRAs to Roth IRAs

  • From SIMPLEs to Roth IRAs, after two years of planparticipation

  • From employer-sponsored plans to Roth accounts offered within theseplans

The conversation need not be complex or lengthy, because thereare just four key points that usually prevail in conversiondecisions. Here's the conversation, in a nutshell:

“Mr. and Mrs. Client, if you would like to consider convertingpart or all of your plan money to a Roth, there are four key issuesyou should evaluate.

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