All of the following are true with regard to a Roth IRA except
◦ contributions to Roth IRAs are subject to special modified AGI limitations that are higher than those for traditional IRAs.
◦ contributions to Roth IRAs are never tax deductible.
◦ contributions to Roth IRAs must cease after the owner has reached age 70 1/2.
◦ contributions to existing Roth IRAs must be made by the due date of the return.