Is a Roth IRA conversion worth it? The one thing that matters Adam Middleton for Intuit TurboTax Nov 5, 2026 Nov 5, 2026 Updated Nov 5, 2026 0 Traditional IRA and Roth IRA text on a book isolated on office desk. bangoland // Shutterstock Prefer us on Google Learn More Facebook Twitter WhatsApp SMS Email Print Copy article link Save Adam Middleton for Intuit TurboTax kAm#@E9 2?5 %C25:E:@?2= x#pD 42? 36 2? :>A@CE2?E A2CE @7 C6E:C6>6?E A=2??:?8] x? E9:D 2CE:4=6[ k2 9C67lQ9EEADi^^EFC3@E2I]:?EF:E]4@>^Qmx?EF:E %FC3@%2Ik^2m @FE=:?6D H9:49 @?6 >2J 36 36DE DF:E65 7@C J@F]k^Amk9bm%C25:E:@?2= GD] #@E9 x#p >256 D:>A=6k^9bmkAmp %C25:E:@?2= x#p 8:G6D J@F 2 E2I 3C62< E@52J] p #@E9 x#p 8:G6D J@F @?6 :? C6E:C6>6?E] r@?G6CE:?8 >62?D A2J:?8 E96 E2I 3:== ?@H[ D@ E96 >@?6J 4@>6D @FE 4@>A=6E6=J E2I\7C66 =2E6C] k2 9C67lQ9EEADi^^EE=4]:?EF:E]4@>^EFC3@E2I\DFAA@CE^6?\FD^96=A\2CE:4=6^C6E:C6>6?E\36?67:ED^5:776C6?46\EC25:E:@?2=\:C2\C@E9^{e7p2fHe;0&$06?0&$Qmt:E96C H2Jk^2m[ E92E >@?6J 86ED E2I65 6I24E=J @?46[ 2E H92E6G6C C2E6 2AA=:6D :? E96 J62C :E 92AA6?D] k^Am People are also reading… Luke Hancock gives insight into Virginia Tech, UVa men's basketball Franklin County voters reject 1% sales tax for education infrastructure Virginia Tech defense aims to take another step against SMU and Kevin Jennings The SML Chili Festival returns next weekend Historic double-double for Dimaro in Virginia Tech's season-opening win Franklin County nears end of high-speed internet push Criticism grows over Ramaswamy attack ad featuring Amy Acton's mother The midterms are reshaping the landscape for Trump and Democrats. What's next? Botetourt resident sues county in a bid to nullify Google data center contract In need of a forever home: Benson Boone and Sombr In need of a forever home: Briar and Handsome Charles Man charged after shots fired toward law officers in Moneta What NASCAR Craftsman Truck Series drivers are saying about Friday's race at Martinsville Speedway Democrats want special counsel to probe Trump-Epstein ties Virginia Tech's Ja’Ricous Hairston grows role with key blocks kAm$@ J@FC 564:D:@? 42? 3@:= 5@H? E@ @?6 BF6DE:@?ik^AmkAm(9:49 J62C 92D E96 =@H6C C2E6[ E9:D @?6 @C E96 @?6 J@F’== 36 :? H96? J@F’5 @E96CH:D6 H:E95C2H :Enk^Amk7:8FC6mk:>8 DC4lQ9EEADi^^:>286D]DE24<6C]4@>^H^`ag_^:>286D^DE@C:6D^a_ae^`_^af^x?EF:E\C@E9\GD\EC25\x#p]A?8Q 2=ElQ%23=6 4@>A2C:?8 EC25:E:@?2= GD] #@E9 x#p]Q DEJ=6lQH:5E9i `__TQ ^mk7:842AE:@?mx?EF:E %FC3@%2Ik^7:842AE:@?mk^7:8FC6m k9bmk3C ^m(92E’D 2 %C25:E:@?2= x#pnk^9bm kAmp %C25:E:@?2= x#p =6ED J@F 565F4E J@FC 4@?EC:3FE:@? 7C@> E92E J62C’D E2I23=6 :?4@>6]%96 2>@F?E J@F 56A@D:E :? J@FC x#p 244@F?E :D EC62E65 2D 2 C65F4E:@? E@ J@FC E@E2= :?4@>6 @? J@FC E2I C6EFC?] k^Am kAmx7 J@F 92G6 2 c_`W<X @C D:>:=2C C6E:C6>6?E A=2? 2E H@C<[ J@FC 23:=:EJ E@ 565F4E J@FC x#p 56A@D:E >2J 36 =:>:E65 56A6?5:?8 @? J@FC :?4@>6] *@F 42?’E H:E95C2H 367@C6 dh½ H:E9@FE A6?2=EJ WH:E9 k2 9C67lQ9EEADi^^HHH]:CD]8@G^C6E:C6>6?E\A=2?D^A=2?\A2CE:4:A2?E\6>A=@J66^C6E:C6>6?E\E@A:4D\6I46AE:@?D\E@\E2I\@?\62C=J\5:DEC:3FE:@?DQmD@>6 6I46AE:@?Dk^2mX[ 2?5 #|sD WC6BF:C65 >:?:>F> 5:DEC:3FE:@?DX DE2CE 2E fb] (:E95C2H2=D 2C6 E2I65 2D C68F=2C :?4@>6 2E H92E6G6C C2E6 2AA=:6D E92E J62C] %9:D H@C<D @FE H6== 7@C A6@A=6 H9@ C6E:C6 :?E@ 2 =@H6C 3C24<6E[ E9@F89 E92E’D ?@E 8F2C2?E665]k^Am kAmkDEC@?8m%C25:E:@?2= x#p 2D 2 A:646 @7 E96 A:6k^DEC@?8mk^AmkAm%9:?< @7 J@FC J62C=J :?4@>6 2D 2 A:6 E96 8@G6C?>6?E E2<6D 2 D=:46 @7 2D E2I] !FEE:?8 >@?6J :?E@ 2 %C25:E:@?2= x#p 4FED 2 A:646 @FE @7 E92E A:6 367@C6 E96 8@G6C?>6?E E2<6D :ED D=:46 — D@ E96C6’D =6DD A:6 =67E E@ E2I] $:?46 =6DD @7 J@FC :?4@>6 86ED E2I65[ J@F @H6 =6DD E2I @G6C2==] %92E’D E96 “3C62<”i J@F’C6 ?@E 86EE:?8 7C66 >@?6Jj J@F’C6 ;FDE =6EE:?8 =6DD @7 J@FC :?4@>6 86E E2I65 :? E96 7:CDE A=246]k^Am k9bm(92E’D 2 #@E9 x#pnk^9bm kAmx? 2 H2J[ E96 #@E9 x#p :D E96 @AA@D:E6 @7 E96 %C25:E:@?2= x#p] *@F 5@?’E C646:G6 2 E2I 565F4E:@? 7@C 56A@D:ED] w@H6G6C[ E96 >@?6J 42? 8C@H E2I\7C66] k^AmkAm*@F 42? H:E95C2H J@FC 5:C64E 4@?EC:3FE:@?D 7C@> 2 #@E9 x#p 2E 2?J E:>6[ E2I\ 2?5 A6?2=EJ\7C66] ~?46 J@F 92G6 96=5 E96 244@F?E 7@C d J62CD 2?5 C6249 286 dh `⁄a[ 2?J 8C@HE9 H:E9:? E96 244@F?E 42? 2=D@ 36 H:E95C2H? E2I\7C66] %96C6 2C6 ?@ C6BF:C65 5:DEC:3FE:@?D 2E 2?J 286] %96 #@E9 x#p 92D :ED @H? :?4@>6 =:>:EDj 7@C a_ae[ E96 A92D6\@FE 368:?D 2E S`db[___ 7@C D:?8=6 E2IA2J6CD 2?5 Saca[___ 7@C >2CC:65 7:=:?8 ;@:?E=J]k^Am kAmkDEC@?8m#@E9 x#p 2D 2 A:646 @7 E96 A:6k^DEC@?8mk^Am kAm(:E9 2 #@E9 x#p[ :E H@C<D E96 @E96C H2Ji %96 8@G6C?>6?E E2<6D :ED 7F== D=:46 @7 J@FC :?4@>6 ?@H[ 367@C6 J@F D6E 2?JE9:?8 2D:56] qFE H92E6G6C J@F D2G6 27E6C E92E 8C@HD :?E@ :ED @H?[ 3:886C A:6 3J C6E:C6>6?E 2?5 E96 8@G6C?>6?E 5@6D?’E E@F49 E92E A:6] tG6CJ 3:E @7 E96 8C@HE9 :D J@FCD]k^Amk9bm(9J 4@?G6CE E@ 2 #@E9 x#pnk^9bmkAmp 4@?G6CD:@? >@G6D >@?6J 7C@> 2 %C25:E:@?2= x#p W@C 5:C64E=J 7C@> 2 c_`W<XX :?E@ 2 #@E9 x#p] %@ 5@ E9:D[ J@F H@F=5 36 C6BF:C65 E@ A2J E2I @? E96 4@?G6CE65 2>@F?E] qFE @?46 E92E >@?6J :D A2CE @7 E96 #@E9 x#p[ :E H@F=5?’E 36 DF3;64E E@ E2I 282:?] k^Am kAmp?J 4@?G6CD:@?D 7C@> 2 EC25:E:@?2= x#p E@ 2 #@E9 x#p >FDE 36 5@?6 H:E9:? e_ 52JD E@ 36 4@?D:56C65 2 4@?G6CD:@? 4@?EC:3FE:@?] %96 4FCC6?E =2H 2=D@ A6C>:ED 2 4@?G6CD:@? 7C@> J@FC c_`W<X 5:C64E=J E@ 2 #@E9 244@F?E]k^Am k9bm|2<:?8 E96 564:D:@?k^9bmkAmpDD6DD :7 J@F’== AC@323=J 36 :? 2 9:896C 3C24<6E =2E6C] *@F 42?’E 6I24E=J <?@H J@FC 7FEFC6 C2E6[ 3FE J@F 42? 6DE:>2E6] t2C=J :? J@FC 42C66C[ J@FC :?4@>6 2?5 E2I C2E6 2C6 FDF2==J 2E E96:C =@H6DE]x7 J@F’C6 ?62C C6E:C6>6?E[ J@F 42? 255 FA 6IA64E65 $@4:2= $64FC:EJ 2?5 A6?D:@? :?4@>6 7@C 2 C62= ?F>36C] k^Am kAmkDEC@?8mxE’D H@CE9 2 4=@D6C =@@<k^DEC@?8m :7 J@F’C6 :? E96 `_T–`aT 3C24<6E H:E9 C:D:?8 :?4@>6 29625j J@F 42? A2J E96 4@?G6CD:@? E2I 7C@> D2G:?8D W?@E E96 x#p :ED6=7X[ 2?5 J@F 92G6 J62CD 7@C E96 >@?6J E@ 8C@H E2I\7C66]k^AmkAmkDEC@?8mxE’D H@CE9 9@=5:?8 @77k^DEC@?8m :7 4@?G6CE:?8 AFD96D J@F :?E@ 2 >F49 9:896C 3C24<6E E9:D J62C[ J@F’5 ?665 x#p 7F?5D E@ 4@G6C E96 E2I WH9:49 42? 2=D@ EC:886C 2 A6?2=EJX[ @C J@F 6IA64E 2 =@H6C C2E6 :? C6E:C6>6?E 2?JH2J]k^Am k9bm%96 3@EE@> =:?6k^9bm kAmt:E96C x#p 42? 36 2 8C62E H2J E@ 249:6G6 J@FC C6E:C6>6?E A=2??:?8 8@2=D] *@FC D2G:?8D 564:D:@?D 2C6 32D65 @? J@FC A2CE:4F=2C 7:?2?4:2= C62=:EJ]k^AmkAmk2 9C67lQ9EEADi^^3=@8]EFC3@E2I]:?EF:E]4@>^E2I6D\`_`^E2I6D\`_`\:C2\4@?G6CD:@?D\`hce^Qmk6>m%9:D DE@CJk^6>mk^2mk6>m H2D AC@5F465 3Jk^6>m k2 9C67lQ9EEADi^^EFC3@E2I]:?EF:E]4@>^Qmk6>mx?EF:E %FC3@%2Ik^6>mk^2mk6>m 2?5 C6G:6H65 2?5 5:DEC:3FE65 3Jk^6>m k2 9C67lQ9EEADi^^9F3D]=2^"_b<=8$#_Q C6=lQ?@7@==@HQmk6>m$E24<6Ck^6>mk^2mk6>m]k^6>mk^Am 0 comments Originally published on blog.turbotax.intuit.com, part of the BLOX Digital Content Exchange. The business news you need Get the latest local business news delivered FREE to your inbox weekly. Sign up! * I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy. Related to this story Most Popular What's the real retirement age in America? Here are 4 guesses Americans might be understandably confused about when they are expected to retire. Here are four milestone ages that define American retirement today. Is 680 a good credit score? Achieve reports a 680 credit score is considered good, easing loan approval and often leading to lower interest rates. Digital wallets continue to transform how the world pays Global Payments reports that digital wallets are transforming payments, with 56% of global e-commerce in 2025 using them, offering speed and f… What is a tax write-off? Intuit TurboTax reports that tax write-offs reduce taxable income, lowering your tax bill. Watch Now: Related Video Counties with the most gun deaths A1 Minute! October 30, 2026: 804 Varsity football; Where Richmond Eats latest; Top Five for Halloween A1 Minute! October 30, 2026: 804 Varsity football; Where Richmond Eats latest; Top Five for Halloween Attorney General Todd Blanche announces charges against Sen. Lucas Attorney General Todd Blanche announces charges against Sen. Lucas Feds answer accusation that this is political payback Feds answer accusation that this is political payback
What's the real retirement age in America? Here are 4 guesses Americans might be understandably confused about when they are expected to retire. Here are four milestone ages that define American retirement today.
Is 680 a good credit score? Achieve reports a 680 credit score is considered good, easing loan approval and often leading to lower interest rates.
Digital wallets continue to transform how the world pays Global Payments reports that digital wallets are transforming payments, with 56% of global e-commerce in 2025 using them, offering speed and f…
What is a tax write-off? Intuit TurboTax reports that tax write-offs reduce taxable income, lowering your tax bill.
A1 Minute! October 30, 2026: 804 Varsity football; Where Richmond Eats latest; Top Five for Halloween
A1 Minute! October 30, 2026: 804 Varsity football; Where Richmond Eats latest; Top Five for Halloween