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Which of the following statements regarding traditional and Roth IRAs is not true? Inherited Roth and traditional IRAs are subject to the same minimum distribution
Which of the following statements regarding traditional and Roth IRAs is not true?
Inherited Roth and traditional IRAs are subject to the same minimum distribution rules. | ||
Roth IRA and traditional IRA owners must take required distributions from their IRA after the attainment of age 70 . | ||
The earned income rules for both types of IRAs are identical. | ||
The contribution limits are the same for both types of IRAs. |
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