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David contributes 6% of his wages to a Roth 401(k) plan through his employer. He also had one traditional 401(k) with a previous employer. After
David contributes 6% of his wages to a Roth 401(k) plan through his employer. He also had one traditional 401(k) with a previous employer. After David retires at age 65, he receives distributions from both plans. How will David be taxed on these distributions? Question 27Select one: a. He will be taxed on the distributions from the traditional 401(k) only. b. The distributions from the traditional 401(k) and the Roth 401(k) are tax free. c. He will be taxed on the distributions both from the traditional 401(k) and the Roth 401(k). d. He will be taxed on the distributions from the Roth 401(k) only
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