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QUESTION 39 Khloe and Kimberly Kardashian each retired this year from Kanye Company and started receiving distributions from their respective retirement plans. Khloe's plan was
QUESTION 39 Khloe and Kimberly Kardashian each retired this year from Kanye Company and started receiving distributions from their respective retirement plans. Khloe's plan was funded with all pre-tax contributions, whereas Kimberly's plan was funded with only after-tax contributions. With respect to the tax treatment of their retirement plan distributions, A. distributions from both retirement plans will be fully taxable. B. Khloe's distributions will be fully taxable, and Kimberly's distributions will not be taxable. c. Khloe's distributions will not be taxable, but Kimberly's distributions will be fully taxable. D. neither Khloe's nor Kimberly's distributions will be taxable. E. None of the above
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