Xijia Establishes a Roth IRA at Age 34 and Contributes

question 9

Multiple Choice

Xijia establishes a Roth IRA at age 34 and contributes the maximum amount per year to the Roth IRA for 32 years.The account is now worth $282,000,consisting of $128,000 in contributions plus $154,000 in accumulated earnings.How much can Xijia withdraw tax free in 2010?

• A)$0.
• B)$128,000.
• C)$154,000.
• D)$282,000.
• E)None of the above.

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