QUESTION 13

1. If you participate in a Roth 401(k), though, the amount you contribute to does not reduce your taxable income or your current income taxes. But when you withdraw funds from your Roth 401-K after you retire, these funds are tax-free, provided you're at least 59 and your account has been open at least five years . (assume you have not been affected by Covid-19).

   True

   False