Section 01

How conversions
work

A Roth conversion moves money from a pre-tax retirement account (traditional IRA, traditional 401(k), SEP IRA, or similar) into a Roth account. The amount converted is added to your taxable income for that year, and you pay income tax on it at your current marginal rate. In return, that money grows tax-free in the Roth account and can be withdrawn tax-free in retirement.

There is no limit on how much you can convert in a year — this is different from annual contribution limits. You can convert $10,000 or $500,000 in a single year if you want to. The only constraint is tax: the larger the conversion, the more income you add, and the higher your marginal rate on the converted amount.

💡
Conversion ≠ contribution
Roth conversions and Roth contributions are separate. You can't contribute to a Roth IRA above the annual limit ($7,000 in 2026 if you're under 50, $8,000 if you're 50+), and high earners are phased out of direct contributions entirely. But anyone can convert, regardless of income.
Section 02

The core
trade-off

The decision to convert comes down to one question: will you pay more tax on this money now, or later?

If your tax rate now is lower than it will be when you'd otherwise withdraw the money, converting now saves money. If your tax rate now is higher, it costs money. The challenge is that you're making a decision today about a tax rate that depends on future income, future tax law, and future account balances — all of which are uncertain.

What makes the math tractable: you can model it. You know roughly how large your tax-deferred accounts are, when RMDs will force you to take distributions, what your other income sources will be, and what tax brackets look like today. That's enough to make a reasonably informed decision.

Note on tax law: the 2017 Tax Cuts and Jobs Act lowered rates and increased brackets. The One Big Beautiful Bill Act, signed July 4, 2025, made most of these provisions permanent — including the lower individual brackets and the higher standard deduction. Current 2026 rates are expected to remain stable for the foreseeable future, though future Congresses could always change them.

Section 03

When it
makes sense

Roth conversions tend to make sense in specific situations:

📉
You're in a low-income year

The year you retire but before Social Security begins, or any year with unusually low income, creates a window of low marginal rates. Converting up to the top of the 12% bracket in those years "fills the bracket" with cheap tax.

🏦
Your RMDs will be large

If your traditional 401(k)/IRA will generate large Required Minimum Distributions after 73, you may face higher brackets and heavier taxation of Social Security. Reducing the balance now through conversions can smooth that out.

You have a long time horizon

The longer converted money stays in a Roth (growing tax-free), the bigger the advantage. If you're 55 converting money you won't touch until 80, the compounding benefit is substantial.

👨‍👩‍👧‍👦
You want to leave money to heirs

Inherited Roth IRAs don't generate ordinary income for heirs (unlike inherited traditional IRAs, which create a large income tax liability under the 10-year rule). Roth is more tax-efficient for legacy planning.

📊
Model your Roth conversion
See how shifting tax-deferred balances to Roth changes your year-by-year tax bill and portfolio longevity.

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Section 04

The conversion
window

For most people, the optimal window for Roth conversions is the gap between retirement and age 73 or 75 (depending on your birth year), when RMDs begin. During this period:

Your earned income has stopped (or dropped significantly), so your taxable income is lower than it was during working years.

Social Security hasn't started yet (if you're delaying to 67 or 70), so that income isn't in the picture.

RMDs haven't begun, so you have control over how much tax-deferred income you take each year.

This combination — lower income, before SS, before RMDs — creates a window where the marginal tax rate on additional income (i.e., conversions) may be 12% or even 10%. That's often lower than the rate you'd pay on the same money as RMDs at 73+.

The Roth conversion window — retire to 73 is the sweet spot for low-tax conversions Horizontal timeline from age 55 to 85 showing three zones. Working years (55–62): salary fills tax brackets, conversions compete with earned income. Conversion window (62–73): no salary, no Social Security yet if delaying, no RMDs — marginal rates may be 10–12%. RMDs plus Social Security (73–85): forced income stacks up, brackets rise to 22% or higher, and conversions become expensive. The Conversion Window Why the gap between retirement and RMDs is the best time to convert Working Salary fills brackets Conversion Window Low income · Low tax · Full control RMDs + SS Brackets rise 55 62 Retire 67 SS at FRA 73 RMDs begin 85 No salary No RMDs yet SS taxable RMDs forced 22%+ bracket Sweet spot: convert at 10–12% before the window closes Ages shown are illustrative — your retirement age and conversion window will vary
💡
The tax bracket stack
In retirement, your taxable income is built up in layers: pension, Social Security (up to 85%), RMDs, and any other withdrawals. A conversion adds a layer on top. The marginal rate on that conversion is determined by where it sits in the stack. Running year-by-year projections lets you see exactly what rate each dollar of conversion would face — and how much you could convert before hitting the next bracket.
Section 05

How much
to convert

The most common approach is to convert up to the top of a specific bracket — usually the 12% bracket — each year during the conversion window. Here's the logic:

Determine your baseline income for the year: Social Security (if applicable), pension, any part-time income, and the portion of taxable brokerage dividends and gains you'll realize.

Calculate the gap between that income and the top of the 12% bracket (for 2026, $50,400 in taxable income for single filers and $100,800 for married filing jointly — that's $66,500 and $133,000 in gross income after the standard deduction).

Convert that amount from your traditional IRA or 401(k) to a Roth. You've now filled the bracket at the lowest available rate.

The following year, repeat the calculation. Your baseline income may be different (Social Security may have started, a part-time job may have ended), so the conversion amount will vary.

This is called bracket filling or bracket management. It requires running the numbers each year rather than applying a fixed conversion amount.

Bracket filling — how much Roth conversion fits in the 12% bracket Stacked vertical bar for a married filing jointly couple in 2026. Baseline income of $50,000 (pension $32,000, part-time $12,000, dividends $6,000) fills through the $32,200 standard deduction and into the 10% bracket. Roth conversion room of $83,000 fills the remaining 10% space and the entire 12% bracket up to $133,000 gross income. Beyond $133,000 the 22% bracket begins. Bracket Filling — Stacking Income in 2026 MFJ couple · age 63 · retired · delaying Social Security to 67 0% Std deduction 10% 12% 22% $32,200 $56,050 $133,000 12% ceiling Roth conversion room $83,000 $6,050 at 10% · $76,950 at 12% Baseline income Pension ……… $32,000 Part-time …… $12,000 Dividends ……… $6,000 $50,000 total Don't convert past here Convert up to the 12% ceiling each year · repeat until RMDs begin at 73
💡
Don't forget state taxes
If you live in a state with income tax, conversions are taxed at the state level too. A 12% federal rate plus a 5% state rate means you're paying 17% on the converted amount. For residents of high-tax states, this changes the math — and in some cases makes conversions less attractive.
Section 06

What can
go wrong

Roth conversions have real costs and real risks:

You pay real money now. Converting $50,000 might add $6,000 to your tax bill this year. That's cash out of pocket. If you don't have the liquidity to pay the tax from non-retirement money (rather than the converted amount itself), the math gets worse because you're using tax-deferred dollars to pay the tax.

You might be wrong about future rates. If tax rates drop (or stay the same), you've pre-paid tax unnecessarily. There's no refund.

IRMAA Medicare surcharges. Income over certain thresholds in a given year triggers Medicare Part B premium surcharges (IRMAA). Part D surcharges also exist but vary by plan. Large conversions can push you over those thresholds for the following two years. This adds real cost that the conversion math needs to account for. Drawdown Arc models IRMAA Part B surcharges at age 65+ — enable the IRMAA toggle in the tax settings to see the impact. See our IRMAA guide for a full breakdown of the thresholds.

Roth conversions are irreversible. Prior to 2018, you could undo a conversion (a "recharacterization"). That's no longer allowed. Once converted, there's no undoing it if your tax situation changes.

💡
Model it before you do it
The only way to know whether a conversion makes sense in your specific situation is to run a year-by-year projection with and without the conversion and compare lifetime taxes. A 2% reduction in effective tax rate over 20 years is meaningful. A 1% increase isn't worth it.
Section 07

Try it
yourself

Drawdown Arc models your accounts separately — traditional IRA/401(k), Roth, taxable brokerage — and shows you how each withdrawal type is taxed year by year. You can see exactly what your RMDs will be, what bracket you'll be in at each age, and how much space you have for tax-efficient conversions.

Pro users can compare withdrawal strategies side by side — including a Roth Conversion strategy on the Roth Analysis tab — to see how conversion timing changes total lifetime taxes and portfolio longevity.

Model Your Conversion Strategy See Pro Features

Related guides

Which accounts to withdraw from first → Sequence of returns risk → How much do I need to retire? →

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