BJ names his daughter, Colie, as beneficiary of his traditional IRA If Bj dies a

Question

BJ names his daughter, Colie, as beneficiary of his traditional IRA If Bj dies at age 76, which distribution option would not be available to Colie? O Moving the IRA asset to a new custodian. O Taking distributions over five years. O Taking distributions out over her life expectancy OTaking a lump-sum distribution. QUESTION 25 Wally's PIA for determining Social Security Retirement Benefits is $2,200. What is the approximate maximum family benefit that Wally's family can receive? $2,200 $3,100 $3,850 $4,400 QUESTION 26 Of the following expenditures, which is most likely to increase during retirement? Automobile expenses Medical expenses. O Travel expenses. Mortgage expense QUESTION 27 Assume Gary has a Roth IRA If he dies, which of the following beneficiaries has the option of rolling over the inherited Roth IRA into a Roth IRA in his or her own name? O A child. O A spouse A parent. Two of the above

Explanation / Answer

HI Students

below is the answer

Ans to Q 24 Taking distribution over five years Ans to Q 25 $3,850 Ans to Q 26 Medical Expenses Ans to Q 27 Two of the above (spouse & Children)

Related Questions

Navigate

• Browse (All)
• Browse B
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.