Question: Problem 1 3 - 7 2 ( LO 1 3 - 4 ) ( Static ) Brooklyn has been contributing to a traditional IRA for
Problem LO Static
Brooklyn has been contributing to a traditional IRA for seven years all deductible contributions and has a total of $ in the account. In the current year, she is years old and has decided that she wants to get a new car. She withdraws $ from the IRA to help pay for the car. She is currently in the percent marginal tax bracket. What amount of the withdrawal, after tax considerations, will Brooklyn have available to purchase the car?
After tax withdrawal
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