Vivian (85) passed away on February 28,2022 . Tabitha (31), her only grandchild, is the...
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Vivian (85) passed away on February 28,2022 . Tabitha (31), her only grandchild, is the designated beneficiary of Vivian's traditional IRA. Tabitha is not chronically ill or disabled. Tabitha must withdraw the entire balance from the inherited IRA: Within one year after the year of Vivian's death. Within five years after the year of Vivian's death. Within ten years after the year of Vivian's death. Over Tabitha's lifetime, after the year of Vivian's death. Mark for follow up Question 9 of 75. Shirlene earned $185,000 in wages in 2022. She also had investment income of $8,000. She is 47 years old and will use the single filing status. She is not covered by an employer-sponsored retirement plan, but if possible, she would like to contribute to a Roth IRA for 2022 . If Shirlene has no other income or adjustments, what is the maximum amount she can contribute? $0$6,000$6,500$7,000 Mark for follow up
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