$12,000 Prior e $18.000 AM Mark for follow up Appointm Question 3 of 10 essica h

Question

$12,000 Prior e $18.000 AM Mark for follow up Appointm Question 3 of 10 essica hasa traditional IRA and is thinking of converting it to a Roth IRA in 2018. After the conversion, what are Jessica's mount? Jessca can recharacterize the converted amount back to a traditional IRA at any time O Jessica can recharacterize the converted amount back to a traditional IRA any time before December 31, 2020 O essia cant recharacterize the converted amount O Jessica cannot recharacterize the converted amount edcye December 31, 2018 2017

Explanation / Answer

After the conversation Jessica cannot recharacteize the converted amount .

Explanation: Converting from Traditional to a Roth" means, changing the tax treatment in which your retirement savings are placed. Here Instead of a tax-deferral available with a Traditional IRA, Roth IRAs represent post-tax contributions. So here Jessica cannot recharacteize the converted amount .

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