For Taxpayers Under Age 50,contributions Can Be Made to a Roth

question 102

True/False

For taxpayers under age 50,contributions can be made to a Roth IRA in an amount equal to the lower of $5,500 or 100% of compensation,plus the amount of contributions for the year to other IRAs.

---

Definitions:

Conditioned Response

A learned response to a previously neutral stimulus that has become associated with an unconditioned stimulus.

Cigarette Smoke

The smoke produced by burning tobacco in cigarettes, which contains a complex mixture of chemicals harmful to health.

Beemans Gum

A brand of chewing gum that has historical significance and is known for its pepsin flavor, which is often associated with aiding digestion.

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with an unconditioned stimulus, elicits a conditioned response.