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Author Question: Contributing to which of the following will give you an immediate tax benefit? (Read 66 times)

mcmcdaniel

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Question 1

Which of the following statements about IRAs is 
not true?


◦ The annual contribution limit will increase gradually.
◦ A married couple can contribute twice as much as an individual.
◦ Individuals over age 50 are able to make larger contributions.
◦ Penalties for early withdrawal are being phased out.

Question 2

Contributing to which of the following will give you an immediate tax benefit?


◦ Traditional IRA
◦ Roth IRA
◦ Rollover IRA
◦ Regular brokerage account


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Marked as best answer by mcmcdaniel on Apr 14, 2019

johnharpe

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mcmcdaniel

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johnharpe

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