Frank Established a Roth IRA at Age 25 and Contributed

question 75

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 these

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A characteristic of certain rights or privileges that cannot be legally transferred from one individual or entity to another.

Economic Profit

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Total Revenue

The overall amount of money generated by a business from its activities, typically from sales of goods or services before any expenses are deducted.