Investors may be on pins and needles as the stock market dances on the precipice of bear market territory, but the decline also brings with it a profound opportunity: the chance for well-positioned investors, even very wealthy ones, to do Roth IRA conversions at a discount. The beauty of a Roth IRA is that it allows individuals to contribute after-tax dollars and enjoy tax-free appreciation and withdrawals for their entire lifetime, without the required minimum distributions required by traditional IRAs when their owners turn 72.