Withdrawals from a Traditional IRA Prior to the Age of 59½

question 210

Multiple Choice

Withdrawals from a traditional IRA prior to the age of 59½ are

• A) tax deferred until you reach 65 years of age.
• B) tax-free.
• C) normally subject to a penalty and taxes on the income that is withdrawn from the IRA.
• D) subject to a possible denial after review by the Internal Revenue Service.

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Definitions:

Hominins

refers to members of the human lineage after the split from the common ancestor with chimpanzees, including modern humans and extinct human species.

Ardipithecus

A genus of early hominids whose fossils provide insight into human evolution. It includes species such as Ardipithecus ramidus, which lived approximately 4.4 million years ago.

Human Family Tree

A diagrammatic representation showing the evolutionary relationships and lineage of human species from ancestral forms.

Neandertals

See Homo neanderthalensis.