Home / Questions / Jenny age, 55 wants to convert $18,000 balance in hertraditional IRA account into Roth IRA
Jenny age, 55 wants to convert $18,000 balance in hertraditional IRA account into Roth IRA after paying necessary taxes.In addition, she plans to deposit $5000 (post tax) into Roth IRA.How much can Jenny withdraw from Roth IRA after 5 years (when sheis 60)? Assume expected return of 9% and marginal tax rate of28%.
how would i solve ?
$26,389 $28,500 $35,431 $27,634
Dec 05 2019 View more View Less
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