12. Both Roth and traditional IRA accounts . (LO 16-1) a. Allow you to deposit 100% of...

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12. Both Roth and traditional IRA accounts .

(LO 16-1)

a. Allow you to deposit 100% of your earned income for retirement.

b. Allow you to deposit $5,500 annually if you are under the age of 50 or $6,500 annually if you are age 50 and over, in 2015.

c. Are employee-sponsored retirement plans.

d. Can be invested only in mutual funds.

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Personal Finance Building Your Future

ISBN: 9780077861728

2nd Edition

Authors: Robert Walker, Kristy Walker

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Question Posted: Jul 26, 2024 07:00 AM

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12. Both Roth and traditional IRA accounts . (LO 16-1) a. Allow you to deposit 100% of...

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Personal Finance Building Your Future

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