What is true regarding Alana's ability to access funds in her individual pension plan?

In the context of an individual pension plan (IPP), the primary purpose is to provide retirement income, and stringent regulations govern the accessibility of funds within such plans.

Alana cannot access any portion of the funds in the plan while it remains in the accumulation phase. This impossibility is designed to ensure that the funds are preserved for retirement benefits. The structured nature of IPPs limits withdrawals to certain conditions, reinforcing the plan's integrity and protecting the long-term financial security of the individual.

Other choices present scenarios that either misinterpret the rules governing IPPs or suggest flexibility that does not exist under the regulations for accessing funds. For instance, accessing a percentage of the funds or stopping contributions does not align with the intent of maintaining a steady accumulation toward retirement income. This integrity is fundamental in ensuring financial stability for retirees relying on these plans.