A Participant Who Is at Least Age 59 1/2 Can

question 24

True/False

A participant who is at least age 59 1/2 can make a tax-free qualified withdrawal from a Roth IRA after a five-year holding period.

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Definitions:

Language Acquisition Device

Hypothetical innate capability of human beings proposed by Noam Chomsky that allows for the learning of languages, especially during childhood.

Behaviourist Theory

A psychological approach that emphasizes the study of observable behaviors, especially as they pertain to the process of learning, without reference to mental states.

Overregularizations

A language development error where children apply grammatical rules too broadly, often observed in early language learning.

Nativist Theory

This theory posits that certain skills or abilities are innate and hardwired into the brain at birth.