“The hardest thing in the world to understand is the income tax”~ Albert Einstein
With the 2010 Conversion rules there can be benefits to the long term investor. I have read multiple articles and consulted with friends and family. I highly recommend when contemplating a decision of conversion to seek professional advice. You would not medically operate on yourself and your long term investing should be treated with the same care.
The following are items to consider when evaluating a potential conversion: