A. Assuming you are eligible to convert, the benefits of making a conversion from a traditional IRA to a Roth IRA include:

1. Contributions can be made to your Roth IRA after you reach age 70 ½, whereas you cannot make additional contributions to a traditional IRA after attaining age 70 ½.

2. You can leave amounts in your Roth IRA as long as you live. In other words, unlike the traditional IRA, there is no minimum distribution requirement for amounts in a Roth IRA account.

3. Qualified Distributions from a Roth IRA are not subject to taxation or penalties, after the plan has been open for at least 5 years.

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