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Heidi, age 45, has contributed $20,000 in total to her Roth 401(k) account over a six-year period. When her account was worth $50,000 and Heidi was in desperate need of cash, Heidi received a $30,000 nonqualified distribution from the account. How much of the distribution will be subject to income tax and 10% penalty?
Selective Serotonin Reuptake Inhibitors
A class of drugs commonly used as antidepressants in the treatment of major depressive disorder, anxiety disorders, and some personality disorders.
Fragile X Syndrome
A genetic disorder causing intellectual disability, behavioral challenges, and characteristic physical features.
Phenylketonuria
A rare inherited disorder that increases the levels of a substance called phenylalanine in the blood, leading to intellectual disability and other health issues unless managed by diet from an early age.
Phenylalanine
An essential amino acid found in the human body used by the body to produce proteins and other important molecules, which is obtained through the diet.
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