LOL! What did I tell you! You can convert now, pay the tax, and convert to "free" Roth IRA withdrawls in the future. Suckers! Those Roth IRA withdrawls will be anything but free. You'll get taxed twice. Pay now and pay later - what a deal!

actually, all Roth IRA withdrawals will be tax-free. The idea of double taxation is ridiculous. This one or two-year window will allow everyone a chance to pay small IRA sum at the low tax rate now so they will not pay a large accrued sum later at a higher tax rate at retirement. Tax rate will eventually go up as income rises toward retirement and the gov't will raise tax to payoff the national debt. I am going to find a way to convert, as much as possible and allowed, my 401K to regular IRA and then to Roth.

"The idea of double taxation is ridiculous."

You mean like paying taxes all your life then paying estate taxes (a double tax on the wealth you owned and paid taxes for already) when you die?

Or do you mean double taxation on say a company you own (S Corp) where you pay an income tax then pay dividend tax on top of that if you decide to give yourself your own money you earned and paid tax on already?

I can only hope that you print this out and put it up on a wall and review it say 6 years from now...that's when the bulk of the 80 million seniors will start retiring and begin demanding their "free" prescriptions drugs, hip replacements, and heart surgeries by the bus load each day, every day. The money has to come from somewhere....don't forget that the average american has about $50,000 saved for retirement. With inflation growing at 4%-8% you can figure out that that amount of money will only last a couple of years..... Don't say you weren't warned!

I had the same concerns. Turns out there is a tax code for employees and one for business owners. The one for owners has plenty of ways to save $$ if you know it well enough. I'm sure there are lots of good books out there to help you, if you want help instead of complaints.
I use Drew Miles' 'Zero to Success'.