1.For eligible individuals,Classic IRAs are

a.tax deferred,taxed on the contributions but tax deductible upon withdrawal.

b.tax deferred,tax deductibleon the contributions but taxed upon withdrawal.

c.tax exempt on the contributions, but taxed on the withdrawals.

d.taxed on the contributions,but tax exempt on the withdrawals.

e.tax exempt on the contributions and the withdrawals.

2.Uncertainty due to changes in the price of stocks,bonds orevenmutual funds over time falls under the category of

a.event risk.

b.inflation risk.

c.credit risk.

d.liquidity risk.

e.market or asset price risk.