Forbes: “Sure it might make sense to take the tax hit now and get into a Roth IRA, but don’t blindly trust what your broker suggests. Much has been written about Roth conversion opportunities in 2010. It seems every product manufacturer and annuity pitchman in the country is recommending some variation of a Roth conversion strategy. Many such schemes, which masquerade as advice, are but hollow mockeries designed to line the pockets of product manufacturers, their salesmen, and the U.S. Treasury. Legitimate Roth conversion strategies do exist, but they are the exception rather than the rule.”
