Question
Edna has traditional IRAs with a value of $250,000 as of December 31, 2021. She will turn age 72 on November 11, 2022, and will
Edna has traditional IRAs with a value of $250,000 as of December 31, 2021. She will turn age 72 on November 11, 2022, and will take her required minimum distribution (RMD) by December 31, 2022. How much of a distribution should she take to meet the RMD?
$8,803
$9,124
$9,766
$10,000
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Accounting Principles Volume 2
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara A. Trenholm, Valerie A. Kinnear, Joan E. Barlow
6th Canadian Edition
1118557328, 978-1118557327
