Question: Question 10) What is the consequence when a taxpayer, separated from service at age 54, takes a nonperiodic distribution from their 401(k) plan? A)The distribution

Question 10)

What is the consequence when a taxpayer, separated from service at age 54, takes a nonperiodic distribution from their 401(k) plan?

A)The distribution cannot be rolled over into another qualified plan.

B)The distribution is subject to the early distribution penalty.

C)The distribution is not subject to the early distribution penalty, because the taxpayer is separated from service.

D)The distribution is a normal distribution.

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