Your client, Sam, is 50 years old and excited about purchasing a Portfolio Income Annuity with funds from her Traditional IRA. From the statements below, what can you tell her about starting income? I. She must wait until age 72 to begin receiving income since the money is in a Traditional IRA II. For PDIA, she must wait 13 months from the date of purchase. You will also need to inform her that if she takes dividends in cash prior to age 59.5 she may be subject to a 10% IRS penalty. III. For PDIA, she must select a first payment date within 13 months from the date of purchase. IV. For PIIA, she may select a first payment date after 7 days but before 13 months from the date of purchase I only III only I, II and IV only II and IV only