ITEM SET 2: RETIREMENT PLAN DISTRIBUTIONS Chad Boudreaux is a 58-year-old riverboat captain. He grew up in New Orleans and has worked on the Mississippi River his entire life. He works for a private company in New Orleans called Crescent River Pilots Inc. (CRP) and is married to Patricia, who is 35 years old. They have a seven-year-old son, named River. CRP sponsors a 401(k) plan that offers a Roth account and a separate ESOP. Chad has the following retirement plan accounts: Account Description ESOP account from CRP Current FMV Beneficiary the shares is $75,000. 401(k) Plan From CRP Inc. consists of CRP shares. The cost basis for 401(k) Plan from Schlumberger, where he worked in his thirties Roth IRA (established in 2000 with a $2,000 initial contribution;| three years ago he converted a traditional IRA with a balance of $10,000) $400,000 Patricia $800,000 Patricia $90,000 Patricia $45,000 Patricia Traditional IRA (established twenty years ago with $15,000 of after- tax contributions) $90,000 River Inherited IRA from the death of his mom. She died in the same year Chad turned 50 years old. $120,000 River