57% of People Skip 401k Conversion—Heres Why You Should Switch to a Roth IRA!

Sat, 18 Apr 2026 08:12:21 +0000

**57% of People Skip 401k Conversion—Heres Why You Should Switch to a Roth IRA!** In a growing number of conversations, nearly six in ten US adults are hesitating when it comes to converting traditional 401(k) accounts to a Roth IRA—why so many are missing out isn’t luck, but a mix of shifting financial priorities, policy nuance, and awareness gaps. This trend reflects deeper changes in how Americans think about retirement savings, income, and long-term financial flexibility. Understanding why so many skip the conversion—and how a Roth IRA offers smart advantages—can reshape how you plan for the future. ### Why 57% of People Skip 401k Conversion—Heres Why You Should Switch to a Roth IRA! While many assume 401(k) rollovers are the only path to tax savings, survey data shows a significant portion avoids conversion due to concerns around immediate tax liabilities, uncertainty about future tax brackets, and confusion over catch-up contributions—especially as household budgets grow tighter post-pandemic. What’s often overlooked is that the long-term tax benefits, investment freedom, and estate planning advantages of Roth IRAs can outperform traditional 401(k) setups when approaching from the right angle.