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.

---

Definitions:

Building Technique

Methods and processes used in the construction of structures, from ancient to modern practices, including materials, structural support, and design principles.

Ashlar Masonry

Carefully cut and regularly shaped blocks of stone used in construction, fitted together without mortar.

Gasoline

A flammable liquid derived from petroleum, commonly used as fuel for engines.

Meals

Preparations of food intended for consumption at specific times during the day, typically including ingredients and cooking methods that vary by culture.