Jacque Solis (age 38) is leaving her current job and would like to take a long vacation before starting new employment. She has $58,000 in a qualified plan that she would like to live on during this period. If she is in a 25 percent marginal tax bracket, how much will she have left after paying taxes and penalties?

Answer rating: 100% (QA)

Jacque Solis has 58000 in a qualified plan that she would like to use to fund her long vacation Howe... View the full answer