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Frank Established a Roth IRA at Age 25 and Contributed

question 11

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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?


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Q&A

A format of discussion characterized by a sequential exchange of questions and answers.

Neutral Audience

A group of listeners or readers who have no preconceived opinions or judgments about the topic being presented.

Worried Audience

Refers to a group of people who are concerned or anxious about a certain issue, event, or presentation.

Confident Speaker

An individual who communicates with assurance, self-reliance, and without seeming nervous or hesitant.

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