Eva and Lisa Each Retired This Year and Started Receiving

question 14

Multiple Choice

Eva and Lisa each retired this year and started receiving distributions from their respective retirement plans.Eva's plan was funded with all pre-tax contributions,whereas Lisa's plan was funded with only after-tax contributions (Roth plan) .With respect to the tax treatment of their retirement plan distributions

• A)distributions from both retirement plans will be fully taxable.
• B)Eva's distributions will be fully taxable,and Lisa's distributions will not be taxable.
• C)Eva's distributions will not be taxable,but Lisa's distributions will be fully taxable.
• D)neither Eva's nor Lisa's distributions will be taxable.

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Definitions:

Performance Appraisal

The process of evaluating an employee's job performance and productivity to provide feedback and identify areas for improvement.

Organizational Objectives

The defined goals and aims that guide the activities and directions of a company or organization.

Balanced Scorecard

An integrated organizational performance measuring approach that looks at organizational learning and innovation, financial management, internal operations, and customer management.

Linking Up

The act of connecting or bringing together resources, individuals, or systems to facilitate collaboration, communication, or function.