Author Question: There are tax penalties for A) early withdrawals from an IRA, but not for late withdrawals. ... (Read 118 times)

ericka1

  • Hero Member
  • *****
  • Posts: 544
There are tax penalties for
 
  A)
 
  early withdrawals from an IRA, but not for late withdrawals.
  B)
 
  late withdrawals from an IRA, but not for early withdrawals.
  C)
 
  both early and late withdrawals from an IRA.
  D)
 
  early withdrawals on company-sponsored pension plans, but not on IRAs.

Question 2

One performance measure of a mutual fund is to determine the growth of a given amount of investment, assuming all fund distributions are used to buy more shares of the fund.
 
  Indicate whether the statement is true or false



ktidd

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

C

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

For a complete list of videos, visit our video library