Jerry, who was age $56,$ had just been called into the president$$s office at Napa Sunrise, Inc. on November $12,2019,$ and learned that his position has been eliminated in the recent reorganization. Unfortunately, he was devastated and was hit by a city bus while crossing the street in front of his office. He named his son, Tom, as his beneficiary. Tom had just turned $20$ years old and was in college at Loyola University, in New Orleans. Jerry$$s account balance at the time of his death was $$500,000.$ Which of the following is not correct?

A$.)$Tom can take out $50$ percent of the value of the account the first year after death.

B$.)$Tom$\text{'}$s only choice for complying with the minimum distribution rules is to take out the entire balance over a five$-$year period.

C$.)$Even if Tom does not take out a distribution within the first two years, he will not be subject to a penalty.

D$.)$Tom could take distributions over his life expectancy, as determined from the single life table.