Multiple Choice
Which of the following statements about IRAs is false?
A) Annual contributions made to the account are tax-deductible up to certain amounts.
B) They earn tax-deferred investment income.
C) Only people in certain income categories can make deductible IRA contributions.
D) The maximum annual deductible contribution is $4,000 per person.
Correct Answer:
Verified
Correct Answer:
Verified
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