Which of these statements regarding the conversion of a traditional IRA consisting entirely of deductible contributions and earnings to a Roth IRA is CORRECT? A$)$ The owner is income taxed on the converted amount. B$)$ Conversions are best if the funds will be withdrawn in the near future $($next $1-3$ years$).$ Taxpayers who have already reached their required beginning date $($RBD $)$ may not convert a traditional a IRA