Need some guidance, I have been contributing to my traditional 401K for 8 years. I have the option to now convert ~100K of this pre-tax money to a Roth 401K. If I convert any amount I will have to pay my current tax rate when I file my 2021 returns next year. Is it advisable to convert if I’m in the 30% tax bracket (combined federal + state income tax). Reading lots of posts here about Roth conversions and the tax free growth and want to make the most of my retirement savings.

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It's a huge misconception that Roth is better just because of the tax free growth. The math typically works in favor of traditional unless you're in a low tax bracket.

In your case, you'll likely be in a lower tax bracket in retirement. Leave it where it is. If you have years of low income (like going back to school or retiring early), you can convert it to Roth during those years. On a related note, you may want to look into a Roth conversion ladder, which is useful if you want to retire early and access your funds before 59.5

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I’m in the same boat and decided not to pay 30%. I already have Roth money so I’m tax diversified. I don’t plan on taking a ton out of income in retirement because I’ll just save up some cash to not have to withdraw so much to minimize taxes.

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