1. Which of the following distributions from a qualified plan would be subject to the 10% penalty tax for premature distributions?
a. Annual payments of $10,000 made over the employee's lifetime, beginning after the date of separation from service.
b. An in-service distribution of $100,000 to an employee who is 55 years of age.
c. Payments to a former spouse under a qualified domestic relations order.
d. Payments resulting from an employee's disability prior to age 59-1/2.
2. From a tax perspective, which of the following is not an allowable deduction for a charitable contribution?
a. Income tax deduction.
b. Estate tax deduction.
c. Generation-skipping tax deduction.
d. Gift tax deduction.