I agree with @Scuba that one has to factor in the loss of growth on the dollars that would be used to pay taxes due to the conversion.
Anyway, I’ve spoken with CFPs and CPAs in the past about conversions. I’d go in excited and leave having learned that the factors are complicated, so much is unknown (what will the future tax laws be, for example), and/or conversations wouldn’t benefit me.
Still, every year I still consider a Roth conversion as part of my end of year process...and every year I kick the can down the road.
Anyway, I’ve spoken with CFPs and CPAs in the past about conversions. I’d go in excited and leave having learned that the factors are complicated, so much is unknown (what will the future tax laws be, for example), and/or conversations wouldn’t benefit me.
Still, every year I still consider a Roth conversion as part of my end of year process...and every year I kick the can down the road.