Derrick is 56 years old and needs money from his IRA to help make his car...
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Derrick is 56 years old and needs money from his IRA to help make his car payments. The company he worked for closed its door unexpectedly. He is currently working a part-time job to make ends meet while seeking a new job. What is the most tax efficient way to make a distribution from his IRA? A. Lump sum distribution B. Substantially equal and recurring payments Derrick is 56 years old and needs money from his IRA to help make his car payments. The company he worked for closed its door unexpectedly. He is currently working a part-time job to make ends meet while seeking a new job. What is the most tax efficient way to make a distribution from his IRA? A. Lump sum distribution B. Substantially equal and recurring payments
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