Roth IRA Withdrawals Are Deemed to First Come from Contributions

question 43

True/False

Roth IRA withdrawals are deemed to first come from contributions followed by earnings.

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Definitions:

Salient

Something that stands out conspicuously or is most noticeable or important in a particular context.

Scapegoat Theory

A theory that suggests that individuals or groups unfairly blame others for their own problems or failures, often as a means of diverting attention or responsibility away from themselves.

Outgroups

Groups of people that do not belong to one's own group, which is considered the "in-group", often leading to prejudice against them.

Self-Serving Bias

A cognitive bias where individuals attribute positive outcomes to their own actions and negative outcomes to external factors, protecting self-esteem.