In the Context of Building Wealth for Retirement, Identify a True

Multiple Choice

In the context of building wealth for retirement, identify a true statement about a Roth individual retirement account (IRA) .

A) The contributions you make to a Roth IRA are tax deductible at the time you make them.
B) Earnings on the contributions you make to a Roth IRA are taxable.
C) You pay no taxes on the distributions you receive from a Roth IRA after you retire.
D) There is no limit on the amount that you can contribute each year to a Roth IRA.