1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Norma-Jean [14]
3 years ago
13

You can always withdraw the money you have contributed to a Roth IRA without paying taxes on the withdrawal because you have alr

eady paid taxes on the original contribution. If you are younger than 59 and a half years old and opened your Roth IRA at least five years ago, you can also withdraw up to $10,000 of your Roth IRA earnings (that is, money earned from your contributions) without paying any taxes on the earnings as long you:Earned less than $100.000 the previous yearAre currently marriedMoved out of your parents’ home in the last 12 monthsWere Employed at the time of the withdrawalAre Buying your first home
Business
1 answer:
Citrus2011 [14]3 years ago
7 0

Answer:

The correct answer is letter "E": are buying your first home.

Explanation:

Roth IRAs are tax advantage retirements accounts that allow withdrawals free of taxes. This happens since taxes are paid at the moment when the funds are being deposited in the account. To make withdrawals, certain requirements must be met. In the first place, the account must be 5 years old or older. If so, only qualified life events will make the withdrawal possible such as:

  • <em>Turning 59 1/2 years old </em>
  • <em>Permanent disability </em>
  • <em>Passing away (beneficiaries will be in charge of the withdrawal) </em>
  • <em>Buying, building or repairing your first home (maximum withdrawal of $10 000).</em>
You might be interested in
Charles lackey operates a bakery in Idaho, Falls Because of its excellent product location, demand has increased by 35% in the l
irina1246 [14]

Answer:

1) $0.27 per loaf of bread

2) $0.28 per loaf of bread

3) 3.7%

Explanation:

current production = 1,800 loaves per month

current labor expense = $8 per hour

constant utility cost = $800

ingredients per loaf = $0.40

multi-factor productivity = total output / (labor + materials + overhead)

current multi-factor productivity = 1,800 loaves / ($5,120 + $800 + $720) = $0.27 per loaf of bread

new output level = 1,800 x 1.35 = 2,430 loaves

new multi-factor productivity = 2,430 loaves / ($6,912 + $800 + $972) = $0.28 per loaf of bread

% increase = ($0.28 - $0.27) / $0.27 = 3.7%

6 0
3 years ago
Colorado Traffic laws are revised each year by
algol13
Colorado General Assembly. 
3 0
3 years ago
What is a reasonable estimate for the volume of a number cube:
den301095 [7]

Answer:

cjcdk

Explanation:

8 0
3 years ago
Help me please.. there is no option on here for Human Resources principals, so I jus clicked business as the subject..
miskamm [114]
I think A, but I’m not sure.
5 0
3 years ago
Read 2 more answers
process to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reas
VashaNatasha [74]

The process to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reasonable assurance regarding the achievement of entity objectives is called risk assessment.

An entity refers to someone or enterprise owning separate and wonderful prison rights, inclusive of an individual, partnership, or organization. An entity can, amongst different things, personal assets, engage in enterprise, enter into contracts, pay taxes, sue, and be sued.

The entity name is the call used by an enterprise to enter into contracts and make other criminal or administrative commitments. alternatively, the business name is the name your commercial enterprise operates under and shares with its clients, customers, and employees.

That which has a wonderful life as an individual unit. often used for businesses that have no physical shape. An existent something that has the houses of being actual, and having an actual lifestyle.

Learn more about entity here brainly.com/question/17290596

#SPJ4

7 0
1 year ago
Other questions:
  • Copperhead Trust has the following classes of​ stock: LOADING...​(Click the icon to view the​ data.) Read the requirementsLOADIN
    13·1 answer
  • You are a Group Supervisor working in a Branch within the Operations Section. Who is your immediate supervisor?
    7·1 answer
  • Hackett, Inc. had property tax payable of $940,000 and $100,000 at the end of 2018 and 2019 respectively. During 2019, Hackett r
    7·1 answer
  • Helen and her friends want to start a new software firm. Its business plan has been finalized. Helen is in charge of the HR plan
    15·1 answer
  • What is the one thing that is both a strength and a weakness for the rail industry?
    8·1 answer
  • Ryker Manufacturing, inc. provided the following information for the year: The inventory account balances as of January 1 are gi
    11·1 answer
  • In Techsorrd Inc., the leads of the technical team, support team, and marketing team anticipate the resource needs for their res
    5·1 answer
  • 4) Suppose that when the price of hamburgers increases, the Ruiz family increases their purchases of hot dogs. To the Ruiz famil
    11·1 answer
  • Bramble Corp. reported the following year-end information: beginning work in process inventory, $270000; cost of goods manufactu
    7·1 answer
  • Jim is in the market for a car that will last for the next 10 years and has saved up some Miami for the purpose of a car .whats
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!