Should You Do a Roth Conversion?

Thinking about converting your Traditional IRA to a Roth IRA? In this Meridian Market Minute, Nathan Gilbert, Founding Partner at Meridian Financial Partners, explains what a Roth conversion is, when it may make sense, and why your personal tax situation matters.

A Roth IRA conversion allows you to move funds from a pre-tax IRA to a Roth IRA—paying taxes now in exchange for tax-free growth and no required minimum distributions (RMDs) later. But timing is key. If you’re in a lower-income year or early in retirement, a conversion could be especially beneficial.