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59. Maria establishes a Roth IRA. The account is now worth ( $ 199,000 ), consisting of ( $ 75,000 ) in contributions plus (
59. Maria establishes a Roth IRA. The account is now worth ( $ 199,000 ), consisting of ( $ 75,000 ) in contributions plus ( $ 124,000 ) in accumulated earnings. How much can Maria withdraw tax-free? She is age 60 and meets the the required holding period. a. ( $ 0 ) b. ( $ 75,000 ) c. ( $ 124,000 ) d. ( $ 199,000 )
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Frank Woods Business Accounting
Authors: Frank Wood, Alan Sangster
9th Edition
0273655523, 9780273655527
