Mark established a Roth IRA at age 40 and contributed $5,500 per year to the account for 20 years. He met the income limits for contributing to the account and was therefore eligible to hold a Roth IRA. Mark now wishes to withdraw the $200,000 of accumulated funds from his Roth IRA. What is the amount of the distribution that is included in Mark's gross income?
a) $40,000
b) $200,000
c) $0
d) $160,000
Ans: c) $0
Business
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