"One might think of lots of good policy reasons for this expansion (like reducing plan leakage; giving participants greater flexibility for retirement planning), but Congress did not pass this law for good policy reasons. It passed it to raise revenue, plain and simple.... There are definite tax advantages for many plan participants, but it's important for someone who understands the vagaries to analyze whether or not conversion makes sense in individual situations. Plan sponsors whose plans don't currently provide for Roth accounts should also be busy determining whether or not to add the Roth option to their plans. If they opt to do so, a plan amendment and a summary of material modifications will be need to be prepared."  MORE >>