2024 Roth conversion calculator: Compare strategies for tax brackets, conversion amounts, tax liability, tax rates, and more.
See if converting to a Roth IRA makes sense for you. Use our Roth IRA Conversion Calculator to compare estimated future values and taxes.
Under new rules that took effect in 2010, you can convert a traditional IRA into a Roth IRA no matter what your income is. If the conversion turns out to have adverse tax consequences, you'll have plenty of time to reverse the whole transaction, but only
You want to pay less tax on any amount you convert to a Roth this year than the amount you would pay if you waited until later to withdraw it. The exact amount depends on your annual taxable income, age, value of your IRA and how much it appreciates after conversion but before you ha...
A Roth IRA conversion, or a backdoor conversion, is a strategy that consists of converting your pre-tax traditional IRA or an employer retirement account into a Roth IRA. Because traditional IRAs don’t have income limits, you can make your desired contributions up to the contribution limit an...