Which of the following statements is TRUE?

Income earned in a traditional IRA is taxed at a preferential rate upon withdraw.

Investments in $401$ K accounts are made with after$-$tax dollars.

Interest income is taxed at a preferential rate$/$

A taxpayer must have earned income to contribute to either a Roth or to a traditional IRA.Which of the following statements is TRUE?

Income earned in a traditional IRA is taxed at a preferential rate upon withdraw.

Investments in $401$ K accounts are made with after$-$tax dollars.

Interest income is taxed at a preferential rate$/$

A taxpayer must have earned income to contribute to either a Roth or to a traditional IRA.