Which of the following conditions would generally not favor the rollover of an untaxed retirement fund (e.g., traditional IRA or 401(k) plan) to a Roth account?
A) an advanced age of the taxpayer
B) significant after- tax funds available to pay taxes
C) expected higher tax rates at retirement
D) All of the above create favorable conditions for a rollover to a Roth.

Question

Quizplus · Accepted Answer

An advanced age of the taxpayer generally does not favor a rollover to a Roth account because the individual may not have enough time to benefit from the tax-free growth and withdrawals that a Roth account offers, especially considering the immediate tax liability incurred during the rollover.

Which of the Following Conditions Would Generally Not Favor the Rollover