How much of the distribution will be taxable to madalyn
Problem
Madalyn contributed $30,000 to a Roth IRA over 15 years. The IRA has a current value of $67,500. She is 64 years old and takes a distribution of $38,000. How much of the distribution will be taxable to Madalyn?
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Madalyn contributed $30,000 to a Roth IRA over 15 years. How much of the distribution will be taxable to Madalyn?
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