The Maximum That an Individual Can Contribute to a Roth

question 78

Multiple Choice

The maximum that an individual can contribute to a Roth IRA for the 2014 year is

• A) $1,000.
• B) $3,000.
• C) $5,500.
• D) $10,000.
• E) $15,500.

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Definitions:

Professional Malpractice Insurance

A form of liability insurance that helps protect professionals from financial loss resulting from claims of negligence or incompetence.

Negligence Claims

Legal demands for compensation by individuals who have suffered injury or loss due to another party's failure to exercise the appropriate level of care.

Insurance Policy

A contract between an insurer and a policyholder that determines the claims which the insurer is legally required to pay.

Insurance Policy

A contract between an insurer and a policyholder that defines the terms under which the insurer agrees to indemnify the policyholder against losses, damages, or liabilities arising from certain events.