Which of the Following Are Characteristics of a Roth IRA

question 40

Multiple Choice

Which of the following are characteristics of a Roth IRA?

• A)Most distributions made before age 59½ are subject to a 10 percent penalty tax.
• B)There are no minimum distributions required for a Roth IRA.
• C)Neither is a characteristic.
• D)Both are characteristics.

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Definitions:

Complex Phenomena

Events or situations that are multifaceted and difficult to understand due to the involvement of multiple interconnected factors.

Natural Scientists

Professionals who study the natural world using empirical evidence and scientific methods.

Gravity

A natural force exerted by a mass that attracts other masses towards its center.

Evolution

The process by which different kinds of living organisms are thought to have developed and diversified from earlier forms during the history of the earth.