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Derrick is 56 years old and needs money from his IRA to help make his car payments. The company he worked for closed its

 

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Derrick is 56 years old and needs money from his IRA to help make his car payments. The company he worked for closed its door unexpectedly. He is currently working a part-time job to make ends meet while seeking a new job. What is the most tax efficient way to make a distribution from his IRA? A. Lump sum distribution B. Substantially equal and recurring payments

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