In the Context of Building Wealth for Retirement, Which of the Following

question 114

Multiple Choice

In the context of building wealth for retirement, which of the following statements is true of a Roth individual retirement account (IRA) ?

• A) The contributions you make to a Roth IRA are not tax deductible at the time you make them.
• B) Earnings on the contributions you make to a Roth IRA are taxable.
• C) You need to pay taxes on the distributions you receive from a Roth IRA after you retire.
• D) There is no limit on the amount that you can contribute each year to a Roth IRA.

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Definitions:

Hypothalamus

A region of the brain that plays a critical role in the regulation of many bodily functions, including temperature control, hunger, thirst, and emotional activity.

Crawling

The act of moving forward on hands and knees or by dragging the body close to the ground, typically a developmental milestone in infants.

Creeping

The slow, gradual movement or development of something, often unnoticed until it has become significant.

Locomotive Development

The progression of physical abilities in infants and young children, enabling them to move from one place to another, such as crawling, walking, and running.