Which of the following distributions from a qualified retirement plan would be exempt from the 10 percent penalty tax if the distribution occurred before the covered employee was age 59.5?
I.A distribution made to an employee with a qualifying disability.
II.A distribution made to a beneficiary or to the employee estate's after the employee's death.
A) I only
B) II only
C) both I and II
D) neither I nor II
Correct Answer:
Verified
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A)the employer's right to terminate
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