If you have an old 401(k) or 403(b) retirement plan, now may be a good time to consider converting to a Roth IRA. Diversifying your retirement savings can really pay off down the line for some investors.
After the new tax code was signed into law in December 2017, many taxpayers will benefit from lower marginal tax rates for the next few years. This may present an opportunity for some investors to convert funds from tax-deferred retirement savings account to a tax-free Roth IRA.