Many people are told that Roth conversions are an automatic win for their tax bill, but treating it as a universal strategy is a dangerous assumption. Without proper analysis, you risk triggering tax consequences that negate the long-term benefits you are hoping to achieve. We have seen firsthand how aggressive Roth conversions, if executed at the wrong time or in the wrong amount, can lead to substantial losses that can be nearly impossible to recover - almost $400,000 for one client. Josh Palmer, Director of Financial Planning with The Noble Group, explains the four common mistakes people make, what other aspects of your finances Roth conversions will affect, and how to do it right.