SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. I’m 60 and I would like to convert some money from my regular IRA to a Roth. I’m aware that the earnings are subject to penalty before five years but I won’t need that money until at least age 70. Is it advisable to do so? My annual income from a pension is $65,000 and I have$100,000 in my IRA. – Thomas Yes, a Roth conversion is worth considering and may very well be worth doing. I’ll go over some of the ...