On April 1, 2018, Martha, age 67, begins receiving payments of $3,000 monthly from her employer's qualified retirement plan. She had contributed $90,000 to the plan in after- tax dollars. The anticipated number of payments is 210. Using the simplified method, how much of the payments are taxable in 2018?

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The Answer of On April 1, 2018, Martha, age 67, begins receiving payments of $3,000 monthly from her employer's qualified retirement plan. She had contributed $90,000 to the plan in after- tax dollars. The anticipated number of payments is 210. Using the simplified method, how much of the payments are taxable in 2018?

On April 1, 2018, Martha, Age 67, Begins Receiving Payments