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When a beneficiary Inherits a traditional IRA, which of the following Is TRUE about taxation...

Ohio Department of Insurance OH-Life-Agent-Series-11-44 Full Course Access
Ohio Department of Insurance OH-Life-Agent-Series-11-44 View All Questions

When a beneficiary Inherits a traditional IRA, which of the following Is TRUE about taxation when the money is withdrawn? The beneficiary pays

A.

no tax.

B.

an estate tax.

C.

capital gains tax.

D.

income tax.

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