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33. The following are all true statements about a tax-free rollover to an IRA, except:*a. Only lump-sum distributions are eligible.b. The participant, but not a nonspousal beneficiary, is eligible for rollover, as a general rule.c. An eligible rollover can include the nontaxable portion of the distribution.d. The rollover must take place within 60 days of the distribution.34. The following represent tax advantages of a qualified pension plan, except:35. Ken Loop is a 15 percent partner in Snoop, Inc., private
investigators. He is vested to the extent of $60,000 in the firm's defined benefit Keogh plan. If the plan permits it and adequate
security and interest are provided, the maximum amount Ken may borrow from the plan is:36. The following statements about Roth IRAs are all true, except:37. The maximum yearly amount that an employee may contribute to a SIMPLE is:a. $2,500b. $3,000c. $17,500d. $5,500*e. $12,00038. The maximum percentage of an employee's pay that an employer must contribute to the employee's SIMPLE is:39. George Walker becomes age 70 on July 6, Year 1. If George maintains a taxable traditional IRA, what is the deadline for his first required minimum distribution?40. Which of the following statements concerning Section 529 qualified state tuition plans is correct?