Question: Peter, age 4 2 , needed some cash so he withdrew $ 1 5 , 0 0 0 from his Roth IRA. At the time

Peter, age 42, needed some cash so he withdrew $15,000 from his Roth IRA. At the time of the distribution, the balance in the Roth IRA was $275,000. Peter established the Roth IRA 13 years ago. Over the years, he has contributed $20,000 to her account. What amount of the distribution is taxable and subject to early distribution penally? Why?
Peter, age 4 2 , needed some cash so he withdrew

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