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Kathleen, age 56, works for MH, Inc., in Dallas, Texas. Kathleen contributes to a Roth 401(k) and MH contributes to a traditional 401(k) on her

Kathleen, age 56, works for MH, Inc., in Dallas, Texas. Kathleen contributes to a Roth 401(k) and MH contributes to a traditional 401(k) on her behalf. Kathleen has contributed $35,040 to her Roth 401(k) over the past six years. The current balance in her Roth 401(k) account is $58,400 and the balance in her traditional 401(k) is $45,600. Kathleen needs cash because she is taking a month of vacation to travel the world. Answer the following questions relating to distributions fromKathleens retirement accounts assuming her marginal tax rate for ordinary income is 24 percent. I ONLY NEED HELP WITH B,C AND D. My answer is incorrect.

a. If Kathleen receives a $13,500 distribution from her traditional 401(k) account, how much will she be able to keep after paying taxes and penalties, if any, on the distribution?

b. If Kathleen receives a $13,500 distribution from her Roth 401(k) account, how much will she be able to keep after paying taxes and penalties, if any, on the distribution?

MY ANSWER IS $13,500

c. If Kathleen retires from MH and then she receives a $13,500 distribution from her traditional 401(k), how much will she be able to keep after paying taxes and penalties, if any, on the distribution?

MY ANSWER IS $8,910

d. If Kathleen retires from MH and then she receives a $13,500 distribution from her Roth 401(k), how much will she be able to keep after paying taxes and penalties, if any, on the distribution?

MY ANSWER IS $13,500

e. Assume the original facts except that Kathleen is 60 years of age, not 56. If Kathleen receives a $13,500 distribution from her Roth 401(k) (without retiring), how much will she be able to keep after paying taxes and penalties, if any, on the distribution?

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