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12. Katerina was 54 when she terminated her employment. She had accumulated $300,000 in a qualified plan and she was 100% vested. Katerina decided to

12. Katerina was 54 when she terminated her employment. She had accumulated $300,000 in a qualified plan and she was 100% vested. Katerina decided to withdraw funds 2 years later when she was 56. Is she liable for the 10% penalty for her withdrawal at age 56?

a. Yes b. No

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