Most IRAs Cannot Own Stock in an S Corporation

question 92

True/False

Most IRAs cannot own stock in an S corporation.

---

Definitions:

Expected Return

The anticipated percentage gain or loss that an investor predicts a stock or investment will earn in the future based on historical or calculated projections.

Stock

A type of security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings.

Expected Return

A financial term used to calculate the average amount of profit or loss an investment is predicted to generate.

Economy Booms

A period of rapid economic growth and expansion characterized by high employment, increasing consumer confidence, and elevated business production.