Lisa, age 45, needed some cash so she received a $50,000 distribution from her Roth IRA.At the time of the distribution, the balance in the Roth IRA was $200,000.Lisa established the Roth IRA 10 years ago.Over the years, she has contributed $20,000 to her account.What amount of the distribution is taxable and subject to early distribution penalty?
A)$0
B)$5,000
C)$30,000
D)$50,000

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The Answer of Lisa, age 45, needed some cash so she received a $50,000 distribution from her Roth IRA.At the time of the distribution, the balance in the Roth IRA was $200,000.Lisa established the Roth IRA 10 years ago.Over the years, she has contributed $20,000 to her account.What amount of the distribution is taxable and subject to early distribution penalty?
A)$0
B)$5,000
C)$30,000
D)$50,000

Lisa, Age 45, Needed Some Cash So She Received a $50,000