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Title: Which of the following is true?
Post by: medulla on Jun 2, 2017
Which of the following is true?
A) The government discourages retirement saving by providing no tax incentives.
B) To discourage the pre-retirement withdrawal of tax advantaged retirement savings plans, the government imposes a 20% early withdrawal penalty.
C) To discourage the pre-retirement withdrawal of tax advantaged retirement savings plans, the government imposes a 10% early withdrawal penalty on withdrawals made before age 62.
D) If a 40-year-old person becomes disabled, she may be allowed to withdraw tax advantaged savings without paying a tax penalty.


Title: Re: Which of the following is true?
Post by: giddu on Jun 2, 2017
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