A distribution from a tax$-$deferred, qualified plan was made payable to a plan participant. What strategy could the particlpant utilize if they want to avoid current taxation on the distribution?

Deposit an amount equal to the gross distribution in another tax$-$deferred plan within $60$ days, known as a direct rollover.

Claim hardship as the reason for the withdrawal.

Deposit an amount equal to the gross distribution in another tax$-$deferred plan within $60$ days, known as an indirect rollover.

No strategies exist to avoid current taxation once the distribution occurs.