In the context of building wealth for retirement, identify a true statement about a Rothindividual retirement account (IRA).
A. The contributions you make to a Roth IRA aretax deductible at the time you make them.
B. Earnings on the contributions you make to a Roth IRA are taxable.
C. You pay no taxes on the distributions you receive from a Roth IRA after you retire.
D. There is no limit on the amount that you can contribute each year to a Roth IRA.
Answer: C
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Global marketing strategies are intended to create efficiencies
Indicate whether the statement is true or false
As it applies to minors, which of the following is LEAST likely to be regarded as a necessary?
a. Rent b. Food c. Medical expenses d. Educational expenses
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What will be an ideal response?