Which of the following is NOT TRUE of the holder of the IRA, according to the Tax- payer Relief Act of 1997
A.He need not pay any tax on the earnings he has gained from his account. B.In the case of an early withdrawal, he doesn't need to pay 10% of the total as a penalty. C.He can get distributions if he buys another house beyond the price of $10,000. D.He is qualified for distributions at the age of sixty.