Examlex

Solved

Daniela Retired at the Age of 65

question 114

Multiple Choice

Daniela retired at the age of 65. The current balance in her Roth IRA is $200,000.Daniela established the Roth IRA 10 years ago. Through a rollover and annualcontributions Daniela has contributed $80,000 to her account. If Daniela receives a$50,000 distribution from the Roth IRA, what amount of the distribution is taxable?


Definitions:

Pleasure Centres

Brain regions that produce feelings of pleasure when activated by certain activities, drugs, or behaviors.

Limbic System

A complex system of nerves and networks in the brain, involved with instinct and mood. It controls basic emotions and drives.

Brainstem

The brain segment linking the cerebrum to the spinal cord, responsible for regulating essential functions like respiration and cardiac rhythm.

Temporal Lobe

A region of the cerebral cortex involved in processing auditory information and is also important in the understanding of complex stimuli such as faces and scenes.

Related Questions