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Which of the following statements is accurate? a A distribution rollover from a retirement plan can only be done as a direct transfer from one
Which of the following statements is accurate? a A distribution rollover from a retirement plan can only be done as a direct transfer from one account to another account. b There are no current-year tax consequences for a direct transfer. c lf a taxpayer decides to rollover an IRA to a new account, then the whole IRA must be rolled over. d A taxpayer is allowed only one direct transfer each year from one retirement account to another retirement account. or 2018, the maximum base for the Social Security portion of the FICA tax is: a $128,700 b $127,200 $128,400 d $132,900
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