If you have a regular after-tax IRA, and it's now worth same or less than when you opened it, wouldn't it be best to convert that IRA to a Roth IRA this year? Since there would be no pre-tax earnings in the IRA, shouldn't it be a tax-free event (no taxes or penalties)even if you are under 59-1/2?Most folks' IRA's are probably pre-tax, but I'm sure there are some after-tax IRA's out there. Couldn't find this exact situation anywhere - most conversion discussions focus on pre-tax IRA's. Am I missing anything? Thanks.