Angela is 70 years old, and has accumulated $1,750,000 in her ROTH IRA. She wants...
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Angela is 70 years old, and has accumulated $1,750,000 in her ROTH IRA. She wants to withdraw all $1,750,000 this year in order to buy a French chateau to live in during her golden years, and is concerned about the tax consequences. How much will she have to pay in taxes when she withdraws this money from her ROTH IRA if her marginal tax bracket is 32%?
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