If You Withdraw Funds from a Keogh Pension Plan Before

question 37

Multiple Choice

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

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

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Definitions:

Industrial/Organizational Psychologists

Psychologists specializing in the application of psychological principles and techniques to workplace environments, issues, and behaviors.

Behavior Modification

A treatment approach, based on the principles of operant conditioning, that replaces undesirable behaviors with more desirable ones through positive or negative reinforcement.

Yerkes-Dodson Law

A theory suggesting that there is an optimal level of arousal for performance, and that too much or too little arousal can adversely affect task performance.

Task Difficulty

The level of challenge presented by a task, which can influence a person's performance and effort required to complete it.