Question
Melanie establishes a Roth IRA at age 50 and contributes the maximum amount per year to the Roth IRA for 15 years. The account is
Melanie establishes a Roth IRA at age 50 and contributes the maximum amount per year to the Roth IRA for 15 years. The account is now worth $199,000, consisting of $75,000 in contributions plus $124,000 in accumulated earnings. How much can Melanie withdraw tax-free?
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Government Auditing Standards 2011 Revision
Authors: U. S. Government Accountability Office, Comptroller General Of The United States
1st Edition
1482311372, 978-1482311372
