Brooklyn has been contributing to a traditional IRA for seven years ( all deductible contributions ) and
Fantastic news! We've Found the answer you've been seeking!
Question:
Brooklyn has been contributing to a traditional IRA for seven years all deductible contributions and has a total of $ in the account. In she is years old and has decided that she wants to get a new car. She withdraws $ from the IRA to help pay for the car. She is currently in the percent marginal tax bracket. What amount of the withdrawal, after tax considerations, will Brooklyn have available to purchase the car?
Posted Date: