FIN 1103-3 FIN1103-3 Individual Week 12

FIN 1103-3 Individual Week 12

1.) Jacqueline Strauss, a 25 year old personal loan officer at Second National Bank, understands the importance of starting early when it comes to saving for retirement. She has committed $3,000 per year for her retirement fund and assumes that she’ll retire at age 65.

4.)  Explain the circumstances in which it makes sense to convert a traditional IRA to a Roth IRA.