In this edition of our Motley Fool Conversations series, Fool personal finance expert Dayana Yochim and retirement planning analyst Dan Caplinger discuss whether converting traditional IRAs and 401(k) plans to their Roth counterparts is a smart move. Although you pay taxes up front on a conversion, the payoff is that you never have to pay taxes on your Roth assets again -- even when you take withdrawals during retirement.

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