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Shauna Received a $100,000 Distribution from Her 401(k)account This Year

Question 75

Multiple Choice

Shauna received a $100,000 distribution from her 401(k) account this year. Assuming Shauna's marginal tax rate is 25 percent, what is the total amount of tax and penalty Shauna will be required to pay if she receives the distribution on her 59 th birthday and she has not yet retired?


A) $0.
B) $10,000.
C) $25,000.
D) $35,000.
E) None of the choices are correct.

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