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3 July, 04:04

Evie must pay an additional tax on the early distribution from her 401 (k) of: a. 0% b. 5% c. 10% d. 15%

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  1. 3 July, 04:09
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    c. 10%

    Explanation:

    Law Imposes additional 10% tax on early distribution of 401 (k) retirement plan. This law is to discourage the use of retirement fund for other purposes than the retirement plan. Evie want early distribution of her funds so she must pay 10% additional tax on these funds. So option c. 10% is correct for 401 (k) retirement plan.
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