Zena must start making distributions from her traditional IRA beginning April 1, 2015. At the end of 2013, the plan had a balance of $220,000 and Zena was 71 years old. What minimum amount must Zena take as a distribution from the IRA beginning April 1, 2015?
A) $8,302.
B) $8,594.
C) $13,497.
D) $14,379.
Correct Answer:
Verified
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