retiredunder50
Recycles dryer sheets
One of the main arguments for converting was that one should take advantage of current 'lower' tax brackets because they surely will go up in the future. I suspect many of us converted up to some tier, perhaps the 15% or higher bracket. Now that we seem to be on a path, at least for some of us, where our tax bracket rate may actually be lowered. Is anyone factoring paying conversion tax on say 12% versus 15% and the loss of investment income on overpaying? That needs to be balanced against tax free gains made since conversion. I know there are many reasons why having traditional, roth, or a mix of both made sense, but it seems that the argument to convert may have gotten a little weaker (at least for conversions for the rest of this year). It would be nice if the final plan details were available as the devil is in the details.