A Taxpayer Who Receives a Distribution Can Avoid Current Taxation

question 94

True/False

A taxpayer who receives a distribution can avoid current taxation by rolling the distribution into another qualified employer retirement plan or into an IRA.

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Definitions:

Sexually Transmitted Infection

A sexually transmitted infection (STI) is an infection that is primarily spread through sexual contact.

Nocturnal Emission

An involuntary ejaculation of semen that occurs during sleep, also known as a wet dream.

Erectile Disorder

A form of sexual dysfunction where there's a lack of ability to achieve or preserve an erection of the penis throughout sexual activities.

Sexual Dysfunction

A problem that prevents an individual or couple from experiencing satisfaction from sexual activity.