Karl Is Scheduled to Receive an Annuity Distribution of $10,000

question 75

Multiple Choice

Karl is scheduled to receive an annuity distribution of $10,000 from his pension plan in 2014. Due to his recent success in the stock market, he has requested that he receive only $5,000 in 2014. Because Karl will fail to receive the required annuity distribution in 2014, he is subject to a penalty of

• A) $-0-
• B) $500
• C) $1,000
• D) $2,500
• E) $5,000

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The practice of varying the length and structure of sentences to enhance readability and interest.

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