Solution-Reduce the taxable component of the account

Reduce the taxable component of the account

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Reference no: EM133513424

Question

Melissa is 66 and retired. She has an account-based pension worth $578,000 with a taxed element of $487,526.

She has two children, both of whom are financially independent.

Melissa is not in the best health and would like to know whether she can reduce the taxable component of the account.

Reference no: EM133513424

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Reduce the taxable component of the account

Reference no: EM133513424

Reference no: EM133513424

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