Shauna Received a Distribution from Her 401(k)account This Year

question 8

Multiple Choice

Shauna received a distribution from her 401(k) account this year. In which of the following situations will Shauna be subject to an early distribution penalty?

• A)Shauna is 60 years of age but not yet retired when she receives the distribution.
• B)Shauna is 58 years of age but not yet retired when she receives the distribution.
• C)Shauna is 56 years of age and retired when she receives the distribution.
• D)Shauna is 69 years of age but not yet retired when she receives the distribution.

---

Definitions:

Write Stories

The act or art of creating narratives, whether fictional or based on real events, expressed through written words.

Moral Failure

A situation or behavior that falls short of ethical or moral standards.

Responsibility

Responsibility involves being accountable or answerable for actions or decisions, either individually or in a collective sense.

Competence

The ability to do something successfully or efficiently.