This topic contains a solution. Click here to go to the answer

Author Question: Which of the following statements is true of a Roth individual retirement account (IRA)? A) The ... (Read 36 times)

mynx

  • Hero Member
  • *****
  • Posts: 555
Which of the following statements is true of a Roth individual retirement account (IRA)?
 A) The contributions to a Roth IRA reduce taxable income in the same tax year.
  B) The contributions you make to a Roth IRA are tax deductible at the time you make them.
  C) You pay taxes on the distributions you receive from a Roth IRA after you retire.
  D) The amount that individuals can contribute to a Roth IRA each year is relatively small.

Question 2

The EPA was created by the government to develop new and improved ways to clean and improve the environment.
 
 Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Dinolord

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

D

Answer to Question 2

False




mynx

  • Member
  • Posts: 555
Reply 2 on: Jul 14, 2018
Thanks for the timely response, appreciate it


bulacsom

  • Member
  • Posts: 329
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

For a complete list of videos, visit our video library