Which of the Following Statements Is True Concerning Traditional and Roth

question 9

Multiple Choice

Which of the following statements is true concerning traditional and Roth IRAs?

• A)The investment income portion of Roth IRA distributions must be reported as taxable income.
• B)Roth IRA contributions are tax deductible.
• C)There are minimum distribution requirements for traditional IRAs.
• D)There are no limits on the tax deductibility of traditional IRA contributions once the account owner has reached age 50.

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Definitions:

Existing Preference

The preexisting likes or choices of an individual or group towards certain options or items over others.

High-Fear Messages

Communications intended to elicit fear in order to motivate behavior change, often used in health campaigns.

Audience Attention

The degree of focus or concentration an audience gives to a speaker or performer.

Road Accidents

Unexpected events on the road that involve vehicles, and sometimes pedestrians, resulting in damage, injury, or death.