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Retirement Intermediate: IRA Distributions

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1.
Which of the following is not an option for taking IRA distributions?
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Systematic loan payments. Payments may not be made as loans.
2.
The annuity method provides only for the distribution of dividends.
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False. The money it takes from a fund includes principal as well as all earnings.
3.
IRA contributions that were not taxed when you made them are taxable when you withdraw them.
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True. They must eventually be taxed.
4.
If you make IRA contributions that are taxed, your withdrawals will not be taxed.
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False. Remember that earnings are always taxed. However, the contributions referred to in the question will not be taxed.
5.
You may not begin taking normal retirement distributions from your IRA until you reach age 59½.
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True. Age 59½ is the minimum allowable age to take normal distributions.