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Which of the following statements about converting a traditional IRA to a Roth IRA is ( are ) true? I. Such conversions can be done

Which of the following statements about converting a traditional IRA to a Roth IRA

(

are

)

true?

I. Such conversions can be done with no income tax consequences.

.

Qualified distributions from a Roth IRA after a conversion are received tax

-

free.

both I and II

I only

Il only

neither I nor II

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