John is 67 years old and distributes $100,000 from his IRA. It is not an Individual Retirement Annuity.

Question 16 options:

	The plan custodian is required to withhold 20% for income taxes
	The plan custodian is required to withhold the exact amount of tax due
	The plan custodian is not required to withhold 20%. That 20% withholding does apply to qualified plans, but not IRAs
	The plan custodian is required to withhold 25% for income taxes