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Business, 10.11.2020 16:40 ghernadez

Telly, age 38, has a $125,800 IRA with Blue Mutual Fund. He has read good things about the management of Green Mutual Fund, so he opens a Green Fund IRA. Telly asked for a distribution rollover and received his balance from the Blue Fund on May 1, 2019. Telly opted to have no withholding on the distribution. a. What amount will Telly receive from the Blue Fund IRA

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