Which of the following statements is true concerning traditional and Roth IRAs?
A) The investment income portion of Roth IRA distributions must be reported as taxable income.
B) Roth IRA contributions are tax deductible.
C) There are minimum distribution requirements for traditional IRAs.
D) There are no limits on the tax deductibility of traditional IRA contributions once the account owner has reached age 50.
Answer: C
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Suppose you buy an inflation-indexed bond that will adjust with inflation and thus pay you $1,500 in real (inflation-adjusted) terms in one year. The real interest rate is 3 percent. What is the present value of the bond? (Round off your answer to the nearest dollar and pick the answer closest to the one you calculate.)
A. $1,415 B. $1,456 C. $1,471 D. $1,530
It's often easier to re-attract ex-customers than to find new ones because the company knows their names and histories
Indicate whether the statement is true or false
Which of the following is not true of secondary data, or information?
A) They have been collected for a purpose. B) They are almost always a part of a marketing research project. C) They are widespread and readily available. D) They are difficult to find because you must first petition the researcher to get the data. E) You can conduct a search for secondary information on virtually any topic quickly and efficiently.
A contingent liability is generally disclosed in the notes to the financial statements
Indicate whether the statement is true or false