Ivan, age 45, is an active participant in his employers 401(K) plan has an AGI...

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Accounting

Ivan, age 45, is an active participant in his employers 401(K) plan has an AGI of $275,000. He has a traditional IRA, with a balance of $600,000. How much of his traditional IRA can he convert to a ROTH IRA in the current year?

A $0 B $100,000

C $275,000 D $600,000

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