Which of the following qualified plan distributions will be subjected to a 10% early withdrawal penalty?
a. Lonnie, age 35, takes a $100,000 distribution from his profit sharing plan to pay for his son’s college tuition
b. Carolyn, age 56, was terminated from UBEIT Corporation. Carolyn takes a $125,000 distribution from the UBEIT retirement plan to pay for living expenses
c. Brad, age 47, takes a $1,000,000 distribution from his employer’s profit sharing plan. Six weeks after receiving the $800,000 check (reduced for 20% withholding), Brad deposited $1,000,000 into a new IRA account
d. Tara, age 22, begins taking equal distributions over her life expectancy from her qualified plan. The annual distribution is $2,000.