Shauna Received a Distribution from Her 401(k)account in 2021

question 117

Multiple Choice

Shauna received a distribution from her 401(k) account in 2021. 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.

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Definitions:

Asexual Fragmentation

A method of asexual reproduction where an organism breaks into fragments, each of which develops into a new organism.

Bilateral Symmetry

A body plan in which there are two symmetrical halves of the body, with a distinct left and right, matching one another.

Radial Symmetry

A body plan in which body parts are arranged around a central axis, characteristic of many invertebrates like jellyfish and sea urchins.

Deuterostomes

A major group of animals in which the anus develops from the first opening in the embryo, with humans and starfish as examples.