What is a common feature shared by Roth IRAs and traditional 401(k)s? A. Both accounts have required minimum distributions (RMs) starting at age 72. B. Contributions to both accounts are tax-deductible in the year they are made. C. Both accounts allow for penalty-free withdrawals before age 59% for certain qualifying expenses. D. Both Roth IRAs and traditional 401(k) have no income limits for eligibility.

What is a common feature shared by Roth IRAs and traditional 401(k)s ? A. Both accounts have required minimum distributions (RMs) starting at age 72 . B. Contributions to both accounts are tax-deductible in the year they are made. C. Both accounts allow for penalty-free withdrawals before age 59121 for certain qualifying expenses. D. Both Roth IRAs and traditional 401(k) have no income limits for eligibility