Image source: Stockmonkeys.com via Flickr.Anyone who has a traditional retirement account like an IRA or 401(k) needs to consider whether they should convert their account to a Roth IRA. The biggest benefit of a Roth IRA is the fact that distributions from the retirement account are tax-free. That stands in stark contrast to the comparable treatment of traditional IRAs and their typical requirement to include all withdrawals in your taxable income in the year in which you receive them.