QUESTION 7 Chad died at age 65 and left his traditional IRA to his favorite nephew, Brad. Which of the following distribu methods would Brad use to satisfy the minimum distribution rules and stretch the payments out over the longest period possible? Five-year period. O Single life expectancy. ORoll it over to Brad's IRA Ten-year period. QUESTION8 Distributions prior to age 59k are generally subject to the early withdrawal penalty. However, there is an exception for substantially equal periodic payments. Which of the following is correct? Substantially equal periodic payments must continue for at least five years. O Each of the three methods will produce a payment that is similar in terms of the amount of the payment. OTaxpayers are not permitted to change from one method of calculating substantially equal periodic payments to another method. O Each of the three methods to calculate the payment results in a payment that remains constant for the term of the substantially equal periodic payments QUESTION 9 Which of the following is/are elements of an effective waiver for a preretirement survivor annuity? -1-The waiver must be signed within six months of death. -2-The waiver must be signed by a plan participant 3-The waiver must be notarized or signed by a plan official. O 3 only. O 1 and 2 O2 and 3. O 1, 2, and 3