Do you gain by converting IRA into Roth IRA?

Submitted by souvik-grmtech on Thu, 04/30/2020 - 12:49

Do you gain by converting IRA into Roth IRA?

Compare between a Traditional IRA and a Roth IRA on basis of the net benefits they provide. Opt for a change only when it's profitable.

Current Traditional IRA Taxable Amount ($): *

Years till you Retire (#): *

Expected ROI before Retirement (% per annum): *

State and Federal Tax Rate (%): *

Years of Expected Retirement (#): *

Expected ROI after Retirement (% per annum): *

Expected Federal Tax Rate during Retirement (%): *

Assumptions: Federal Adjusted Gross Income(AGI) before IRA conversion is assumed to be $100,000 or less, if married it assumed you are filing jointly, and contributions that have been made to any Traditional IRA were fully deductible.