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

a traditional IRA and a Roth IRA have both similarities 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 distributions.

b. Income limits for eligibility.

c. Determining how the IRA contributions are invested.

d. Eligibility, if any, of a spouse who is not in the paid labor force to make an IRA contribution.

Please only attempt if you can solve the question with a proper explanation. Please do not copy from Chegg.

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