Question 29 4 pts On April 30. Janet, age 42 received a distribution from her qualified plan of $150,000. She had an adjusted basis in the plan of $500,000 and the tal market value of the account as of April 30 was $625,000. Calculate the taxable amount of the distribution and any applicable penalty $150,000 taxable, $15,000 tax penalty $30,000 taxable. So tax penalty $30,000 taxable $3.000 tax penalty $120,000 taxable $12.000 tax penalty Question 30 4 pts Which of the following statements regarding 457 plans is (are) true! 1. An individual who defers $19.000 to his 403(b)plan during 2019 can also defer $19.000 to a 457 plan during 2019 (salary and plan permitting 2. A 457 plan allows an executive of a tax exempt entity to defer compensation into an ERISA protected trust. 3. In the final three years before normal retirement age, a participant of a government sponsored 457 plan may be able to defer $38.000 (2019) for the plan year. 1 and 3. 2 only. 1 only 2 and 3 earch o ste