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A traditional IRA and a Roth IRA have both similarites and differences. Compare and contrast (1) a traditional IRA with (2) a Roth IRA with

A traditional IRA and a Roth IRA have both similarites and differences. Compare and contrast (1) a traditional IRA with (2) a Roth IRA with respect to each of the following:

a. Income tax treatment of IRA contributions and distribution

b. Income limits for eligibility

c. Determing how the IRA cotributions are invested

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