No. of Recommendations: 0
Greetings, Youtoo, and welcome. You asked:

<<What are my best options here? How would a conversion to Roth be a benefit?(if at all) >>

A conversion depends on a number of factors not the least of which is how the taxes due will be paid, the tax rate today versus that in retirement, how long the money will stay in the account before withdrawal, and estate concerns. It is different for everyone, but I can say I have seen very few cases where a conversion makes sense. Making an annual contribution to a Roth is almost a no brainer, but the conversion is a different can of worms entirely.

For some of the considerations involved in using a Roth, see my analysis in post number 1567 on this board at

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.