All the Following Statements Concerning a Roth 401(k)plan Are True

question 17

Multiple Choice

All the following statements concerning a Roth 401(k) plan are true EXCEPT

• A)After-tax dollars are used to fund the plan.
• B)Investment earnings accumulate on a tax-free basis.
• C)Employees at all income levels may contribute to the plan,but annual contributions are limited.
• D)Qualified distributions at retirement are fully taxable.

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