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JamesLu JamesLu
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6 years ago
Daryl, age 42, quit his job. His employer offered a defined contribution pension plan, and the balance in the account was $30,000 when Daryl quit. He can avoid immediate taxation of these funds by
A) taking a lump-sum distribution.
B) using an IRA rollover account.
C) receiving the money through four equal installments.
D) using the funds to purchase common stock issued by the former employer.
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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Toni_AnnetteToni_Annette
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6 years ago
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JamesLu Author
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6 years ago
Thanks
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