Question
Lisa, age 46, needed some cash so she withdrew $52,000 from her Roth IRA. At the time of the distribution, the balance in the Roth
Lisa, age 46, needed some cash so she withdrew $52,000 from her Roth IRA. At the time of the distribution, the balance in the Roth IRA was $200,000. Lisa established the Roth IRA 10 years ago. Over the years, she has contributed $20,400 to her account. What amount of the distribution is taxable and subject to early distribution penalty?
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Cornerstones of Cost Management
Authors: Don R. Hansen, Maryanne M. Mowen
4th edition
1305970667, 978-1337514842, 1337514845, 978-1305970663
