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Donny has a traditional IRA with a balance of $700,000 today. He has $300,000 in cash. Donny doesn't retire for another 10 years. If he
Donny has a traditional IRA with a balance of $700,000 today. He has $300,000 in cash. Donny doesn't retire for another 10 years. If he converts the IRA to a Roth IRA today, how much spending power will he have left? (Donny is in the 37% tax bracket). 0 $441,000 O $41,000 $482,000 $741,000 Donny has a traditional IRA with a balance of $700,000 today. He has $300,000 in cash. Donny doesn't retire for another 10 years. If he converts the IRA to a Roth IRA today, how much spending power will he have left? (Donny is in the 37% tax bracket). 0 $441,000 O $41,000 $482,000 $741,000
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