What is Foolsaurus?   Can I Convert My After Tax Contributions
to a Roth IRA?  Original post by Mark Kennan of Demand Media  A
Roth IRA conversion may cost you some now but can save you a lot
later.  Although most people deduct their contributions to a
traditional IRA, some people cannot, or choose not to. Instead,
they make after-tax traditional IRA contributions. However, if
your traditional IRA contains after-tax contributions, you may
want to consider converting it to a Roth IRA instead.
Conversions Allowed  The IRS permits conversions from
traditional IRAs to Roth IRAs regardless of whether the
traditional IRA contains after-tax contributions. In fact, some
people who cannot contribute to a Roth IRA, but would prefer to
save on an after-tax basis, simply make a nondeductible
contribution to a traditional IRA and then convert the money to
a Roth IRA. As of 2011, the IRS places an income cap on who can
convert from a traditional IRA to a Roth IRA.  Cannot Convert
Only After-Tax Contributions  When you co