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what is B & C answers? Mrs. Lohan, age 64, plans to retire this December. She estimates that the balance in her IRA will be
what is B & C answers?
Mrs. Lohan, age 64, plans to retire this December. She estimates that the balance in her IRA will be $86,500, which she plans to withdraw to finance the purchase of a condominium. Assuming that her marginal tax rate is 24 percent, compute her after-tax cash from the IRA liquidation assuming that: a. The IRA is a Roth IRA that she opened in 1999 b. The IRA is a traditional IRA to which she made only deductible contributions. c. The IRA is a traditional IRA to which she made $20,400 deductible and $32,600 nondeductible contributions. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required O Compute her after-tax cash from the IRA liquidation assuming that the IRA is a Roth IRA that she opened in 1999 er-tax cash $ 86,500 Required A RequiredB > Mrs. Lohan, age 64, plans to retire this December. She estimates that the balance in her IRA will be $86,500, which she plans to withdraw to finance the purchase of a condominium. Assuming that her marginal tax rate is 24 percent, compute her after-tax cash from the IRA liquidation assuming that a. The IRA is a Roth IRA that she opened in 1999. b. The IRA is a traditional IRA to which she made only deductible contributions. c. The IRA is a traditional IRA to which she made $20,400 deductible and $32,600 nondeductible contributions. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below Required A Required B Required C Compu after-tax cash from the IRA liquidation asming that the IRA is a traditional IRA to which she made only deductible.contributions... After-tax cashStep by Step Solution
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