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Which of the following statements concerning the rollover of an account balance from a qualified...

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Question

Accounting

Which of the following statements concerning the rollover of an account balance from a qualified plan to an IRA is correct?

a.

The IRA will offer fewer distribution options than the qualified plan.
b.

Unlike many qualified plans, an IRA will allow for discretionary withdrawals.
c.

Required minimum distributions can be delayed longer with an IRA than with the qualified plan.
d.

The IRA cannot provide a guaranteed income as can a qualified plan.

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