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Early Withdrawal Penalty

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Which of the following qualified plan distributions will be subjected to a 10% early withdrawal penalty?

A. Lonnie, age 45, takes a $400,000 distribution from his profit sharing plan to pay for his son's college tuition.
B. Carolyn, age 56, was terminated from UBEIT Corporation. Carolyn takes a $125,000 distribution from the UBEIT retirement plan to pay for living expenses.
C. Brad, age 47, takes a $1,000,000 distribution from his employer's profit sharing plan. Six weeks after receiving the $800,000 check (reduced for 20% withholding), Brad deposited $1,000,000 into a new IRA account.
D. Tara, age 22, begins taking equal distributions over her life expectancy from her qualified plan. The annual distribution is $2,000.

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