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Frank Established a Roth IRA at Age 25 and Contributed

Question 11

Multiple Choice

Frank established a Roth IRA at age 25 and contributed a total of $131,244 to it over 38 years. The account is now worth $376,000. How much of these funds can Frank withdraw tax-free?


A) $0
B) $131,244
C) $244,756
D) $376,000
E) None of the above

Correct Answer:

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