A Taxpayer Who Receives a Distribution Can Avoid Current Taxation

question 94

True/False

A taxpayer who receives a distribution can avoid current taxation by rolling the distribution into another qualified employer retirement plan or into an IRA.

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Definitions:

Conditioning Experience

The process through which an association between two stimuli or a behavior and a stimulus is learned.

A State

In psychology, a temporary emotional or mental condition in contrast to more stable traits.

Intensity

The level of force, strength, or magnitude of a particular stimulus or action.

Opponent Process Theory

Proposes that emotions are regulated by mechanisms that operate in opposition to each other, restoring emotional balance after disturbances.