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Younger persons are able to make larger contributions to traditional individual retirement accounts (IRAs) than persons 50 and over. True False A husband and wife

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Younger persons are able to make larger contributions to traditional individual retirement accounts (IRAs) than persons 50 and over. True False A husband and wife may give a gift of $30,000 to a single donee and incur no tax. True False Traditional defined benefit plans are better suited than cash-balance plans for a mobile workforce. True False

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