Which of the following statements concerning traditional IRAs and Roth IRAs is false?

Multiple Choice

A taxpayer may contribute to a Roth IRA at any age but a taxpayer is not allowed to contribute to a traditional IRA after reaching 72 years of age.

The annual contribution limits for a traditional IRA and Roth IRA are the same.

Taxpayers with high income are allowed to directly contribute to traditional IRAs but not to Roth IRAs.

All of these choices are correct.