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9. Jane is 58 years old, in good health, and has a marginal income tax rate of 24%. She withdraws $10,000 from her traditional
9. Jane is 58 years old, in good health, and has a marginal income tax rate of 24%. She withdraws $10,000 from her traditional IRA account which she has had for more than five years. She uses the money for a long-planned vacation. How much income tax will she pay on the withdrawal? he correct answers are: $2,400, $3,400
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