Multiple Choice
In which of the following plans is this statement true: A deduction is allowed for contributions to the plan, and no income tax consequences result from distributions to the participant at retirement.
A) Roth IRAs.
B) Traditional IRAs.
C) Keogh (H.R. 10) plans.
D) Both b. and c., but not a.
E) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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