Which of the Following Is True About Future Qualified Distributions

question 1332

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) The entire amount of the distribution will be taxable.
• C) Only the previous contributions will be tax- free.
• D) Only the accumulated earnings will be tax- free.