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Thelma Can Get the 10% Penalty on the Early Withdrawal

question 50

True/False

Thelma can get the 10% penalty on the early withdrawal from her IRA waived if the money is used to pay her son's college tuition.


Definitions:

Intimacy

A close, familiar, and usually affectionate or loving personal relationship with another person or group.

Accompanied

Being in the company of someone else or being present with another entity or object.

Successful

Achieving intended goals, whether in personal accomplishments, career, or other areas of life.

Humorous

Characterized by the quality of being amusing or funny, often involving the ability to see the lighter side of circumstances.

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