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Which of the following is a disadvantage of funding a designated Roth account? A)Employer matching contributions cannot be made to the designated Roth account, but
Which of the following is a disadvantage of funding a designated Roth account?
A)Employer matching contributions cannot be made to the designated Roth account, but must be made to a traditional tax-deferred account within the plan.
B)Funds may be rolled over to a traditional tax-deferred account within the plan, but not the other way.
C)The maximum allowable contribution is lower than for traditional tax-deferred accounts within the plan.
D)Earnings are included in gross income on an annual basis.
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