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If you transfer your 401(k) which contains your own company stock (among other assets) purchased with your own payroll deductions to an IRA, which of the following strategies results in the lowest immediate tax liability?

Question 2 1 pts If Henry, the financial advisor tells John not to convert his traditional IRA to a Roth IRA since his total asset balance will decrease by $50,000 because of the taxes he will owe, what is Henry focused on? Total assets O Purchasing (spending) power O Maximizing after-tax spending power O Increasing John's spending power Question 5 1 pts Which of the following are benefits of converting from a Traditional IRA to a Roth IRA? (mark all that apply). You avoid uncertainty associated with future tax brackets. Your heirs may continue to make tax-free withdrawals after you are gone. You do not really lose any purchasing power at the time of conversion. You avoid RMDs in the future. Question 6 1 pts According to the author, the purchasing (spending) power advantage of a Roth account versus a Traditional account O decreases over time. O increases over time. O is no advantage at all...they remain the same forever. O disappears eventually. Question 2 1 pts If Henry, the financial advisor tells John not to convert his traditional IRA to a Roth IRA since his total asset balance will decrease by $50,000 because of the taxes he will owe, what is Henry focused on? Total assets O Purchasing (spending) power O Maximizing after-tax spending power O Increasing John's spending power Question 5 1 pts Which of the following are benefits of converting from a Traditional IRA to a Roth IRA? (mark all that apply). You avoid uncertainty associated with future tax brackets. Your heirs may continue to make tax-free withdrawals after you are gone. You do not really lose any purchasing power at the time of conversion. You avoid RMDs in the future. Question 6 1 pts According to the author, the purchasing (spending) power advantage of a Roth account versus a Traditional account O decreases over time. O increases over time. O is no advantage at all...they remain the same forever. O disappears eventually

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