When Contributions Are Made to a Roth IRA, They Are

question 47

True/False

When contributions are made to a Roth IRA, they are deductible by the participant.Later distributions from a the IRA, however, are fully taxed.

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Definitions:

SNCC

Student Nonviolent Coordinating Committee, a civil rights group formed in 1960 to give younger Blacks more of a voice in the civil rights movement, known for its sit-ins and freedom rides.

Civil Rights Organization

A group or entity focused on the advocacy and protection of citizens' rights and equal treatment under the law.

Mid April

The middle period of the month of April, typically considered to be around the 15th day.

Lunch Counter Sit-ins

Non-violent protests during the 1960s Civil Rights Movement where African Americans and allies would occupy segregated lunch counters demanding equal service.