$56\mathrm{.}0\%$ complete

Question

Ivan, age $45,$ is an active participant in his employer$$s $401($K$)$ plan has an AGI of $$275,000.$ He has a traditional IRA, with a balance of $$600,000.$ How much of his traditional IRA can he convert to a ROTH IRA, in the current year?

A$.$$$0$

B$.$$$100,000$

C$.$$$275,000$

D$.$$$600,000$