Consider the following information for two investors, who are currently working and earning. They are contemplating opening individual retirement accounts. They currently do not qualify for a 401K account.

Investor 1/Investor 2

Current tax bracket at the time of deposit 15% 30%

Future tax bracket at the time of withdrawal 30% 15%

A. Investor 1 should open a traditional IRA rather than Roth IRA as it is a better financial choice for her/him

B. Investor 2 should open a Roth IRA rather than a classic IRA as it is a better financial choice for her/him

C. If they do not qualify for 401k plan then they do not qualify for individual retirement accounts

D. Investor 2 should open a traditional IRA rather than Roth IRA as it is a better financial choice for her/him

E. Investor 1 should not open an IRA as it does not offer any benefits