If you withdraw funds from a Keogh pension plan before age 59½, you will have to pay a _____ federal income tax penalty.
A)5%
B)10%
C)15%
D)20%
E)25%

Name: If you withdraw funds from a Keogh pension plan before age 59½, you will have to pay a _____ federal income tax penalty. A)5% B)10% C)15% D)20% E)25%
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The correct answer is a 10% federal income tax penalty for early withdrawal from a Keogh pension plan before age 59½, in addition to regular income taxes on the withdrawal.

If You Withdraw Funds from a Keogh Pension Plan Before