QUESTION 42 Which of the following is TRUE regarding qualified retirement plans? Distributions are subject to a 10-percent penalty. Contributions are made with 100-percent after-tax dollars. Contributions are made with 100 percent pretax dollars. Distributions are taxable only prior to age 59%. QUESTION 43 What is the principal tax benefit for investing as a limited partner in an exploratory oil and gas drilling program? Depreciation expenses Recourse loans Tax credits Intangible drilling costs