I JUST NEED ANSWER FOR "C" TO MAKE SURE I'M CORRECT PLEASE
Part C
Accumulation if she keeps funds in traditional IRA = 46000*(1.056^20) *(1-20%) = $109427
Accumulation if she rolls funds into Roth IRA = (46000*(1.056^20))-(46000*25%*(1.036^20)) = $113455
Difference = 113455-109427 = $4028
Therefore,
Accumulation if she keeps funds in traditional IRA |
$109427 |
|
Accumulation if she rolls funds into Roth IRA |
$113455 |
|
Greater |
Accumulation if she rolls over traditional IRA into Roth IRA |
$4028 |
I JUST NEED ANSWER FOR "C" TO MAKE SURE I'M CORRECT PLEASE Yuki (age 45 at...
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