Roth 401k Plans

question 104

Multiple Choice

Roth 401k plans

• A) force you to take a minimum distribution at age 70 1/2
• B) tax your contributions and your earnings.
• C) are an after -tax elective contribution to a 401k plan.
• D) have contributions that are deductible.

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Definitions:

Alcohol Abuse

Excessive and harmful consumption of alcohol, leading to addiction and negative impact on health and social life.

Unemployment

A situation where an individual who is able and willing to work is unable to find employment.

Low Self-esteem

A state wherein an individual has a negative perception of oneself, often marked by feelings of inadequacy or unworthiness.

Negative Feedback

A process in which a system responds in a way that reduces the effects of a deviation from a set point, aiming to restore the system to its original state or condition.