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Welcome to the Nerd Wallet Smart Money podcast where we answer your money questions in 15 minutes or less.

I'm your host, Liz Weston.

And I'm Sean Piles.

As always, be sure to send us your money questions.

You can call or text us on the Nerd Hotline at 901-7306373.

That's 901-730 Nerd.

Or you can email us at podcast at Nerdwad.com, and you can also send us your voice memos to that email address. Let's get to this episode's question, which is from Mike.

Mike says, I'm wondering about Roth conversions. My wife and I have about half of our retirement

money in rollover or pre-tax IRAs.

We're also contributing to 401Ks with our current employers.

I'm wondering if we should convert any of our IRAs to Roth IRAs.

Our federal tax bracket is relatively high.

How do we decide if and when to do a conversion?

Ah, the classic Roth conversion question. Just kidding.

This is actually something that I haven't answered before. But for those who are not complete

money nerds like us at Nerd Wallet, Roth conversions are a pretty hot topic right now.

Tax law changes and current low tax rates have made Roth conversions attractive to a lot more

...