Jorge is married and their combined household income is $250,000. Jorge is covered by his employer’s retirement plan. Jorge does not have a…

11. Jorge is married and their combined household income is $250,000. Jorge is covered by his employer’s retirement plan. Jorge does not have a traditional IRA or a Roth IRA. He would like to contribute $5,500 to a Roth IRA. Which of the following do you recommend that Jorge do?

a. Contribute $5,500 to a Roth IRA

b. Contribute $5,500 to a traditional IRA, claim a $5,500 deduction, and convert to a Roth IRA

c. Contribute $5,500 to a traditional IRA and then convert it to a Roth IRA

d. All of the above are equally good recommendations

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