Fidelity Adds Roth Conversion Resources

November 5, 2009 ( - Fidelity Investments has added resources to its ongoing effort to help investors better understand whether converting their retirement nest egg into a Roth IRA is the best move for them.

A Fidelity news release said the Boston investment company has added a Roth Conversion Evaluator, additional content on the Web site, and guidance from Fidelity’s financial representatives.

The Roth Conversion Evaluator can be used online by all investors, whether or not they are a Fidelity customer.

With it, Fidelity said users can:

  • estimate current and future tax situations. Based on a series of basic questions, users can quickly receive an assessment to determine if they may benefit from a Roth IRA conversion.
  • evaluate how much to convert. Fidelity believes that users should minimize their tax cost when considering an amount to convert to a Roth IRA. This may be the entire amount of eligible balances, but is often likely to be a lesser amount or partial conversion.
  • explore sensitivity to key factors. The Roth Conversion Evaluator is designed to help illustrate how changes in key factors, like tax rates or withdrawal rates, might affect the outcome of an investor’s Roth IRA conversion decision.

“Fidelity believes that the opportunity to convert to a Roth IRA is an important consideration for all investors, particularly those who will become eligible for a conversion in 2010,” said Chris McDermott, senior vice president, investor education, retirement and financial planning, Fidelity Investments, in the news release.

The evaluator product is available at while additional education resources are available at .

More information about Fidelity’s offerings in the Roth IRA area are at