A Baby Boomer Retirement Quiz You Can’t Afford To Fail

What is the perfect time to convert part of your traditional IRA into a Roth IRA?

Retry Correct Incorrect Converting your traditional IRA to a Roth IRA will minimize your tax bill in this situation, a fact almost 50% of Americans were unaware of when asked.

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Jeffrey Greenberg / Universal Images Group via Getty Images

Jeffrey Greenberg / Universal Images Group via Getty Images

What is the perfect time to convert part of your traditional IRA into a Roth IRA?

• When your marginal tax rate is higher than normal
• You should never convert only part of your IRA
• You should never convert a traditional IRA to a Roth IRA
• When your marginal tax rate is lower than normal