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Choose the correct statement regarding the Roth IRA. (This is a multiple answer format question which means you should check all that apply...there may be
Choose the correct statement regarding the Roth IRA. (This is a multiple answer format question which means you should check all that apply...there may be more than one correct response).
More individuals can participate in a Roth IRA because it has less restrictive income limits than a Traditional IRA. |
An investor will pay taxes on eligible withdraws from the Roth IRA during retirement as those withdraws will be treated as ordinary income. |
An investor will not have to pay taxes on her investment income (interest, dividends, and capital gains) while the money is in the Roth IRA. |
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