Business, 27.02.2020 02:53 cindy9330

At age 55, Ellen separated from service with her former employer. She rolled over $19,000, the entire balance of her 401(k), into an IRA. Then in December of the same year, Ellen had to take $2,150 out of this new IRA in order to pay her bills.

How much of her distributions are subject to the early distribution penalty?

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At age 55, Ellen separated from service with her former employer. She rolled over $19,000, the entir...

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