If You Withdraw Funds from a Keogh Plan Before Age

question 17

Multiple Choice

If you withdraw funds from a Keogh plan before age 59½, you will have to pay a _____ federal income tax penalty.

• A) 5%
• B) 10%
• C) 15%
• D) 20%
• E) 25%

---

Definitions:

Level of Commitment

The degree to which an individual or group is dedicated or devoted to a task, cause, or relationship.

Crisis Intervention

A method of offering immediate, short-term help to individuals who experience an event that generates emotional, mental, physical, and behavioral distress.

Precrisis Personality

The characteristics and behavior patterns of an individual before encountering a significant stressor or crisis.

Multicultural Population

A diverse community made up of people from various racial, ethnic, cultural, and linguistic backgrounds.