HOME ABOUT US AREAS OF SERVICE E-MONEY CLIENT PORTAL SCHWAB ACCOUNT LOGIN RESOURCES CONTACT US connect Roth IRA Conversion Should You Convert Your Traditional IRA to a Roth IRA? When Congress created the Roth IRA, millions of Americans who already had traditional IRAs faced a new decision: “Should I convert to a Roth IRA?” Traditional IRAs feature deductible contributions, and withdrawals are taxed as income. Roth IRA contributions, on the other hand, are not tax deductible, although qualified withdrawals of both contributions and earnings from a Roth IRA are free of federal income tax. This calculator is designed to help you determine whether you should consider converting to a Roth IRA. What is your current age? 0 10 20 30 40 50 60 What is the current balance of your IRA? 0 50k 100k 150k 200k 250k What pre-tax rate of return do you expect on your IRA investments (0% to 10%)? 0 2 4 6 8 10 What federal income tax bracket do you expect to be in during your working years? 10 12 22 24 32 35 37 Previous Next This hypothetical example is used for illustrative purposes only. Actual results will vary. This information is not intended as tax, legal, investment, or retirement advice or recommendations, and it may not be relied on for the purpose of avoiding any federal tax penalties. You are encouraged to seek advice from an independent tax or legal professional. The content is derived from sources believed to be accurate. Neither the information presented nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. This material was written and prepared by Broadridge Advisor Solutions. © 2021 Broadridge Investor Communication Solutions, Inc. Securities offered through Valmark Securities, Inc. Member FINRA, SIPC Investment Advisory Services offered through Valmark Advisers, Inc. a SEC Registered Investment Advisor 130 Springside Drive, Suite 300 Akron, Ohio 44333-2431 1-800-765-5201. CFH Financial Services Inc. is a separate entity from Valmark Securities, Inc. and Valmark Advisers, Inc. The information provided has been derived from sources believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete analysis of the material discussed, nor does is constitute an offer or a solicitation of an offer to buy any securities, products or services mentioned. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, accounting, legal or tax advice. The services of an appropriate professional should be sought regarding your individual situation. Site Map Back To Top Check the background of this financial professional on FINRA's BrokerCheck