Lump Sum Distribution vs. Rollover

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 Lump Sum Distribution vs. Rollover
  • Lump Sum Distribution vs. Rollover

  • Answers • 1 pages • 2020
  • Maria, age 42, just resigned from Bygone Corporation to accept a new job with Future, Inc. Bygone informed Maria that she has a $38,000 balance in its qualified retirement plan and wants to know if she plans to roll over this balance into another plan or prefers to receive a lump sum payment. Maria is in the 28 percent marginal tax bracket and would like to buy a new car with the funds although the local car dealer is currently offering very attractive low-interest financing. Determine the amoun...
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  • $7.49
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