Maybelle is single, age 35, and wants to make a contribution to an IRA for the year ended December 31, 2018. She is an active participant in a qualified retirement plan sponsored by her employer. Her AGI for 2018 is $126,000 before considering any IRA contribution. What type of IRA is Maybelle eligible to make a contribution to IRA for 2018? Assume Maybelle contributes a total of $12,000 over six years to a Roth IRA. In 2024, she withdraws $15,000 to pay off her car loan. Her financial advisor suggested she withdraw the money from the IRA for two major reasons: (1) to eliminate her debt and (2) no tax would be due on distributions from a Roth IRA after five years. Maybelle wants to verify the accuracy of her advisor's advice. Classify the tax consequences of this withdrawal? Alternatively, what if Maybelle withdrew the $15,000 to purchase a house (she is a first-time homebuyer)? Withdraw $15,000 whats the impact on $12,000 Choose... Choose... Withdraw $15,000 for first-time homebuyer expenses after the first $10,000what is the impact on the remaining $5,000 Withdraw $15.000 to pay off her car loan Choose... Choose... Withdraw $15,000 for first-time homebuyer expenses what is the impact on the first $10.000, of the $15,000 Withdraw $15.000 whats the impact on $3,000, after classifying $12,000 Choose... Withdraw $15.000 to payoff her car loan and Maybelle is 60 years old Choose... Maybelle is single, age 35, and wants to make a contribution to an IRA for the year ended December 31, 2018. She is an active participant in a qualified retirement plan sponsored by her employer. Her AGI for 2018 is $126,000 before considering any IRA contribution. What type of IRA is Maybelle eligible to make a contribution to IRA for 2018? Assume Maybelle contributes a total of $12,000 over six years to a Roth IRA. In 2024, she withdraws $15,000 to pay off her car loan. Her financial advisor suggested she withdraw the money from the IRA for two major reasons: (1) to eliminate her debt and (2) no tax would be due on distributions from a Roth IRA after five years. Maybelle wants to verify the accuracy of her advisor's advice. Classify the tax consequences of this withdrawal? Alternatively, what if Maybelle withdrew the $15,000 to purchase a house (she is a first-time homebuyer)? Withdraw $15,000 whats the impact on $12,000 Choose... Choose... Withdraw $15,000 for first-time homebuyer expenses after the first $10,000what is the impact on the remaining $5,000 Withdraw $15.000 to pay off her car loan Choose... Choose... Withdraw $15,000 for first-time homebuyer expenses what is the impact on the first $10.000, of the $15,000 Withdraw $15.000 whats the impact on $3,000, after classifying $12,000 Choose... Withdraw $15.000 to payoff her car loan and Maybelle is 60 years old Choose