Can I move assets from my Traditional IRA to my Roth IRA?
Yes. An individual may convert assets from a Traditional IRA to a Roth IRA. The individual must pay tax on any previously untaxed dollars converted from, but the 10 percent early distribution penalty tax does not apply to the conversion amount. Individuals should seek advice from a competent tax advisor to determine whether converting pretax retirement assets is beneficial.
For more information on conversions, see "Conversion From a Traditional IRA" under the Help section in the IRA Section Center.