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Zena Must Start Making Distributions from Her Traditional IRA Beginning

question 53

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Zena must start making distributions from her traditional IRA beginning April 1, 2015. At the end of 2013, the plan had a balance of $220,000 and Zena was 71 years old. What minimum amount must Zena take as a distribution from the IRA beginning April 1, 2015?


Definitions:

Perforating Canal

Channels within the bone that provide energy and nourishing elements from the periosteum through to the compact bone.

Haversian Canal

The central channel, containing blood vessels and nerves, found in the osteon or structural unit of compact bone.

Canaliculi

Small, channel-like structures within bone tissue that allow for communication and nutrient transfer between blood vessels and osteocytes.

Long Bone

A type of bone that is longer than it is wide and is characterized by a shaft and two ends, playing a crucial role in supporting weight and facilitating movement.

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