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Hanna has a qualified plan account balance of $1,000,000. Which of the following statements is true? Her account is not protected from creditors is she
Hanna has a qualified plan account balance of $1,000,000. Which of the following statements is true?
Her account is not protected from creditors is she declares personal bankruptcy.
The money is not protected from a federal tax levy.
The money can be withdrawn tax free if it is a tax deferred account.
She would not have any penalties if she withdrew all of the money at 45.
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