1Which of the following is not an exception to the 10% early withdrawal penalty?

A.Distribution due to hardship

B.Separation of service distributions on or after 55 years old

C.Beneficiary distributions

D.Distributions to a spouse due to divorce

2 What is the tax implication for hardship distributions?

A.20% of the gross amount

B.0% of the gross amount

C.10% of the gross amount

D.The participant's tax income bracket for the year of the distribution on the gross amount