Larry purchased a traditional IRA when he was 32 years old. Over the years he has contributed (and deducted from his taxes) $50,000 into the contract. Now, at age 62, Larry is retiring and plans to annuitize the contract. His life expectancy is 20 years, and he will receive $450 per month under a straight life annuity income option. Of the $5,400 he will receive annually from this annuity, how much will represent taxable income?

While training a new hire in a law office, an experienced paralegal explains that a summons must be issued with every complaint in a lawsuit that is asking for monetary damages and that the defendant must be served according to the Rules of Civil

Procedure. That paralegal is addressing the issue of: A) procedural due process. B) equal protection. C) compliance. D) supremacy clause.

When matching a company's needs with the capabilities of a software package, an alternative to address a mismatch is:

A) modify the software package. B) change business procedures to match the software. C) both A and B D) none of the above