Question

Lindsay deposited $2000 into a Roth IRA that grew to $5000 by retirement. If Lindsay is currently in the 10% tax bracket and retired, how much tax will she have to pay in taxes when she withdraws the entire $5000?

Answer 1

Answer: 0 dollars !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Step-by-step explanation: just did it !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Answer 2

$0 Dollars!!!!!!!!!!!!!!!!!!!!!!!