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Taxpayers who make after - tax contributions to a qualified employer plan recover their investment ( cost ) when they begin to take periodic payments.
Taxpayers who make aftertax contributions to a qualified employer plan recover their investment cost when they begin to take periodic payments. How is their investment recoveredIn Casey converted from her traditional IRA to a Roth IRA there were no nondeductible contributions made to a traditional IRA in when the value of the Roth IRA had grown to Casey, then age Withdrew the entire balance in a nonqualified distribution. What is the tax treatment to this distribution?
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