SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Converting a 401(k) into a Roth IRA can be appealing for several reasons. Not only can you make qualified withdrawals from Roth accounts tax-free, but Roth accounts are also exempt from required minimum distributions (RMDs.) That can give you more flexibility when withdrawing from your account in retirement and potentially save you money on taxes. Imagine you’re nearing retirement age and have $1.3 millio ...