SIE - Securities Industry Essentials Exam

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A 60 1/2 year old retiree takes a distribution from a Traditional IRA. It will be taxed as:

Short term capital gains
A
Long term capital gains
B
Ordinary income
C
50% short term capital gains / 50% long term capital gains
D
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Explanations

After reaching age 59 1/2, distributions from a Traditional IRA are generally taxed as ordinary income.

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