Problem $9-22($Algorithmic$)$

Rollovers $($LO $9\mathrm{.}9)$

Telly, age $38,$ has a $$169,200$ IRA with Blue Mutual Fund. They have read good things about the management of Green Mutual Fund, so they open a Green Fund IRA. Telly asked for a distribution rollover and received their balance from the Blue Fund on May $1,2023.$ Telly opted to have no withholding on the distribution.

a$.$ What amount will Telly receive from the Blue Fund IRA?

$ $$

b$.$ What amount must Telly contribute to the Green Fund IRA to avoid having taxable income and penalties for early withdrawal?

$

c$.$ When is the last day Telly can roll over the amount received into the Green Fund IRA and avoid taxation in the current year, assuming fo unusual circumstances?

d$.$ What amount would Telly receive if the distribution were from their employer's qualified retirement plan?