problem 2 Nora Beck is 80 and has an IRA with a fair market

Last updated: 8/3/2023

problem 2 Nora Beck is 80 and has an IRA with a fair market value of 350 000 a Use the Uniform Life Table on p 4 to determine her required minimum distribution b What penalty would she incur if she failed to take the distribution c What penalty would she incur if she had made an early withdrawal of 20 000 to pay for grandchild s college education