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Author Question: Which of the following is true about withdrawing funds from a traditional IRA? A) Typically you ... (Read 80 times)

Jkov05

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  • Posts: 556
on: Jun 24, 2018
Which of the following is true about withdrawing funds from a traditional IRA?
 A) Typically you can't withdraw funds before age 59 1/2 without being penalized.
  B) Amounts withdrawn early are subject to a 10 penalty.
  C) Amounts withdrawn are subject to federal and state income taxes.
  D) all of the above

Question 2

Company profits are distributed to shareholders in the form of
 A) dividends.
  B) losses.
  C) par values.
  D) net asset values.


meow1234

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Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

A


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