This is a couple of steps, but it's easy. Just be patient.
1. Find out if there's any reason you don't fully own the Simple. If you're still employed by the company that set it up, that could be the case but it isn't necessarily the case.
2. If that's all good, then you can convert, but you may not want to.
3. Know your tax situation.
This conversion, if you're allowed to do it, is taxable. A Simple IRA is tax-deferred, like most 401Ks and all Traditional IRAs. A Roth is not. The Roth advantage is not now, but later. If you think taxes will go up, then you convert everything now and pay all the tax to make it go Roth, then you never pay again (with rules of course).
What most people including financial advisors don't know is that it is not "all-or-nothing". If converting the whole thing is too much of a tax hit, you can convert little chunks of it every year over time to spread that out. Of course it increases risk a little bit, but everything has a trade-off, and I mean everything.
If you want to know more about the educational low-cost approach I take, just ask!
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