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I thought opening a Roth for the same fund would be redundant...

We may be getting closer. Investing in the same fund in a Roth is no more redundant than investing in the same fund in a traditional IRA. Just to make sure, you do realize that you can hold more than one investment in one IRA account, right? When you look at your allocation reatios you need to look at your entire holdings, so from a diversification standpoint Roth vs. traditional is irrelevant.

Are you saying that there are no good reasons to convert this IRA to Roth?

No, I'm not saying that. What I'm saying is that the decision to convert or not, and how much, is based in no way on what you intend to invest in.

Phil
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