Multiple Choice
Which of the following is true about future qualified distributions from a Roth IRA by a person who will be 65 years old at the time the distributions begin? Assume the individual opened the account before age 60.
A) The entire amount of the distributions will be tax-free.
B) Only the accumulated earnings will be tax-free.
C) Only the previous contributions will be tax-free.
D) The entire amount of the distribution will be taxable.
Correct Answer:
Verified
Correct Answer:
Verified
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