Daniela Retired at the Age of 65

question 92

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 annual contributions 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?

• A) $0.
• B) $20,000.
• C) $30,000.
• D) $50,000.