Question 59 of 75. Opal has traditional IRAs with a value of $250,000 as of D...

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Answer 1

Answer #1

Answer:

Correct answer is:

$9,124

Explanation:

Opal will turn 70.5 on October 30, 2018. Hence he completes age 70 in year 2018. The distribution factor for age 70 is 27.4.

Hence the amount opal has to draw to meet RMD = 250000 / 27.4 = $9,124 in the year 2018.

As such option C is correct and other options are incorrect.

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Answer 2

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