Nanette mcphee receives 100000 as a lump-sum distribution


Nanette Mcphee receives $100,000 as a lump-sum distribution from a noncontributory, qualified pension plan upon early retirement to start a child care business. If, after receiving the distribution, Nanette decides not to start the business, is she permitted to roll over the distribution to a traditional IRA?

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Financial Management: Nanette mcphee receives 100000 as a lump-sum distribution
Reference No:- TGS01703170

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