Question: Clint is 6 8 and has contributed $ 5 0 , 0 0 0 , after tax, to his retirement plan at work. The account

Clint is 68 and has contributed $50,000, after tax, to his retirement plan at work. The account is now worth $180,000. He wants to know how much of his retirement income from the plan will be tax free. Using the table below, how will you calculate the correct amount?
Annuitant's Age at Annuity Start Date Number of Payments
55 and under 360
56-60310
61-65260
66-70210
70+160
A)
divide $50,000 by 260
B)
divide $180,000 by 260
C)
divide $50,000 by 210
D)
divide $180,000 by 210

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