No. of Recommendations: 0
Late 2003 we converted our traditionals and 2 things drove the timing decision.

1) our income was approaching the cutoff of 100k and we were concerned we might exceed in future years and not be able to convert.

2) though the tax rate was steep and I agree if you think your rate will fall to wait - we didn't anticipate being in a position where the rates would be lower for us anytime before retirement (we're not taking a year off to travel the globe) - especially given the sunset provisions on the current tax breaks and the long term fiscal health of the the USG - we see rates rising...

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