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Danielle, Who Is Retired, Reaches Age 70 1/2 in 2016

question 84

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Danielle, who is retired, reaches age 70 1/2 in 2016, and she will also be age 71 in 2016. She has a $150,000 balance in her traditional IRA. If her life expectancy is 15.3 years, what distribution, if any, must be made by April 1, 2017?


Definitions:

Benign Tumors

Noncancerous growths in the body that are generally not life-threatening and do not spread to other parts.

Muscle Cells

Specialized cells that make up muscle tissue, capable of contracting and relaxing to produce movement.

Uterus

A hollow, pear-shaped organ in a female's lower abdomen where offspring are conceived and in which they gestate before birth; the womb.

Menorrhagia

Excessive or prolonged menstrual bleeding at regular menstrual cycle intervals.

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