Question 53 (1 point) Which of the following statements is (are) true with regard to IRAS? Contribution limits are higher for workers aged 50 and older. I. The minimum distribution rules after attainment of age 70.5 do not apply to Roth IRAS. O 1) I only O 2) Il only 3) both I and || 4) neither I nor II Question 54 (1 point) Which of the following is a permissible IRA investment alternative? O 1) mutual funds O 2) fine art 3) antiques 04) life insurance