Which of the following statements is(are) CORRECT regarding rollovers from qualified plans or IRAs? 1. Distributions from qualified plans and IRAs require 20% mandatory withholding for federal income taxes if a trustee-to-trustee direct transfer is not used to execute a rollover. 2. A taxpayer is limited to 1 rollover in a 1-year period (on a 365 day basis) unless the rollover is a trustee-to-trustee direct transfer. 3. A distribution from a qualified plan may not be rolled over to a governmental Section 457 plan. 4. If a qualified plan participant has an outstanding loan from her qualified plan upon separation from service, the participant may rollover the loan into a rollover IRA as long as loan repayments continue at least quarterly. 2 only 1, 2, 3, and 4 1 and 2 3 and 4