Which of the following statements is (are) true with regard to IRAs? I
Which of the following statements is (are) true with regard to IRAs? I. Contribution limits are higher for workers aged 50 and older. II. The minimum distribution rules after attainment of age 70.5 do not apply to Roth IRAs.
A) I only
B) II only
C) both I and II
D) neither I nor II
ANSWER
Answer: C
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