Q$11$ Missy is currently age $76$ and scheduled to take another distribution from her former company's qualified retirement plan later this year. Her account balance in the plan as of December $31$ last year was $$420,000.$ Under the Uniform Lifetime Table, the divisor is $23\mathrm{.}7.$ However, Missy's actual life expectancy is only $16$ years. What is the amount, if any, of Missy's required minimum distribution $($RMD$)$ from this plan for this year?

a$.$ $$13,502.$

b$.$ $$0,$ because Missy is over age $73.$

c$.$ $$20,000.$

d$.$ $$17,721.$

Q$14$ Johnny, age $75,$ is required to take substantial required minimum distributions $($RMDs$)$ from his qualified retirement plan. He has no current need for the cash and has established traditional IRAs with his children as beneficiaries and wishes

to deposit the RMD distributions in equal amounts to each IRA within $60$ days of the distributions to eventually benefit his children. Which of these statements regarding Blake's rollover of the RMDs is CORRECT?

a$.$ If Johnny has earned income, he may make contributions to a traditional or Roth IRA, but required minimum distributions may not be rolled over.

b$.$ Required minimum distributions may not be rolled over, but Johnny may make equivalent contributions to the traditional IRAs under any circumstance as long as the contributions are within $60$ days of receiving his RMDs$.$

c$.$ A good plan is for Johnny to roll over the distribution within $60$ days after receipt.

d$.$ Because Johnny is over age $73,$ he may not roll over the RMDs to a traditional IRA, but he may roll over the RMDs to a Roth IRA.