Author Question: There are tax penalties for A) early withdrawals from an IRA, but not for late withdrawals. ... (Read 120 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?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

For a complete list of videos, visit our video library