Multiple Choice
Scott, age 68, has accumulated $850,000 in a defined contribution plan, $100,000 of which represents his own after-tax contributions. If the full amount is distributed in 2017, his early distribution penalty is:
A) $0.
B) $75,000.
C) $85,000.
D) $127,500.
E) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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