Which of the following qualified plan distributions are subject to a 10% early withdrawal penalty?
1. Carolyn, age 56, currently employed by UBEIT Corporation, takes a $125,000 distribution from the UBEIT 401(k) plan.
2. Brad, age 60, takes a $1,000,000 distribution from his employer’s profit sharing plan. Ten days after receiving the $800,000 check (reduced for 20% withholding), Brad deposited the $800,000 into a new IRA account.
3. Tara, age 22, withdraws $2,000 of her contributions from her 401(k).