Dominique, age 72, has a Registered Retirement Incorne Fund (RRIF) with a balance of $124,000o. Her...

 

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Dominique, age 72, has a Registered Retirement Incorne Fund (RRIF) with a balance of $124,000o. Her minimum withdrawal for the current year is 56,700. Dominique has recently suffered health problems and needs to withdraw additional funds from her RRIF account. Which of the following statements about Dominique's RRIF withdrawal is 30 CORRECT? Oa) Ob) Oc) Dominique can withdraw a maximum of $12,400 in the current year. Dominique will pay $2,000 in withholding tax if she withdraws $10.000. Dominique's minimum withdrawal amount of $6,700 can be withdrawn tax-free. Dominique can withdraw $6,700 without paying any withholding tax. Od) l8888 Dominique, age 72, has a Registered Retirement Incorne Fund (RRIF) with a balance of $124,000o. Her minimum withdrawal for the current year is 56,700. Dominique has recently suffered health problems and needs to withdraw additional funds from her RRIF account. Which of the following statements about Dominique's RRIF withdrawal is 30 CORRECT? Oa) Ob) Oc) Dominique can withdraw a maximum of $12,400 in the current year. Dominique will pay $2,000 in withholding tax if she withdraws $10.000. Dominique's minimum withdrawal amount of $6,700 can be withdrawn tax-free. Dominique can withdraw $6,700 without paying any withholding tax. Od) l8888