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Jennifer is 60 years old and is in the 30% tax bracket. Fifteen years ago she established a Roth IRA account that now has a

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Jennifer is 60 years old and is in the 30% tax bracket. Fifteen years ago she established a Roth IRA account that now has a balance of $61100. She would like to buy a new car and is considering using the funds from her Roth IRA. If she withdraws $21400 from her account she will? not have to pay taxes on her withdrawal. have to pay payroll taxes. pay $6420 in taxes. have to pay a 10% penalty on her withdrawal

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