All the following are advantages for wealthier clients of converting a traditional IRA to a...
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Accounting
All the following are advantages for wealthier clients of converting a traditional IRA to a Roth IRA, EXCEPT: (A)If estate taxes are paid from the Roth IRA, the tax benefits of conversion are increased. (B)No minimum distributions are required from the Roth IRA during the owners lifetime. (C)If a spouse is the beneficiary of the Roth IRA, no minimum distributions are required during the spouses lifetime. (D)The tax-deferred growth can extend for more years with the Roth IRA than with a traditional IRA.
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