In which of the following scenarios may a loan be taken from a Traditional IRA?

A. After reaching full retirement age

B. To pay for medical expenses

C. To purchase a primary residence

D. None of the above

When withdrawing funds from a Roth IRA prior to 59 1/2 years old, the 10% tax penalty applies to which of the following?

A. Contributions and Earnings

B. Earnings only

C. Contributions only

D. Neither contributions or earnings