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Alex is 31 years old and has lived in Los Alamos. New Mexico, for the last four years, where he works at the Los Alamos National Laboratory (LANL) LANL provides employees with a 401(k) plan, and for every $1 an employee contributes (up to 9 percent of the employeess salary). LANL contributes $3 (a 3 to-1 match). The plan provides a six-yeat graded vesting schedule. Alex is now in his finth year working for LANL, and his current-year salary is $170,000 Alex's marginal tax tate is 24 percent in 2022 Answer the following questions retating to Alex's retirement savings in 2022 (Use Exhibit 1322. Exbitit 1333) EXHIBIT 13-2 Defined Contribution Plans Minimum Vesting Schedules* -Percent of employer contributions no longer subject to forfeiture. Sounce: $411(a). EXHIBIT 13-3 Abbreviated Uniform Lifetime Table for Distributions in 2022 The applicable pencentage is calculated by dividing 1 by the relevant distribution period. Source: Theaswy Decision 9930 (November 8, 2020), hitpsilpublic-mspection federalregistea sova020-24723, adf Complete this question by entering your answers in the tabs below. Assume that Nex is 74 years old at the end of the year, retired, and that his marginal tax rate is 24 percent. His account balance in his traditional 401(k) was $1,250,000 at the end of last yeac. What is the minimum distribution Alex must receive from his 401(k) account for this year? if Alex receives a $43,000 distribution from his 401(k) account (his only distribution durng the year), what amount will the be oble to kerep after tokes and penalties (If any)

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