Which statements are true regarding a traditional individual retirement account? Choose three answers. Employers create them and match employee contributions. People can contribute to the account until retirement age. People can withdraw money penalty-free at any time. Contributions to the account are limited each year. Contributions reduce taxable income.

Answers

Answer 1

The true statement about this account is that people can contribute to the account until retirement age.

The Traditional individual retirement accounts is one which allow contribution to the account where investments grow tax-deferred until withdrawal during retirement period.

This type of retirement accounts is popular because they are not taxed until retirement.

Hence, the true statement about this account is that people can contribute to the account until retirement age.

Therefore, the Option B is correct.

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Answer 2

Answer:

1. People can contribute to the account until retirement age. 2. Contributions to the account are limited each year. 3. Contributions reduce taxable income. Answers: B, D, E

Explanation:

It can't be "People can withdraw money penalty-free at any time." because withdrawing too early from a IRA with result in 10% early withdrawal penalty.


Related Questions


Which statement is an example of an effective claim for an argumentative essay?

Answers

Answer:

The primary role of federal government is to offer services that citizens cannot provide for themselves.

Explanation:

Why were muckrakers writing these stories

Answers

Answer: A muckraker was any of a group of American writers identified with pre-World War I reform and exposé writing. The muckrakers provided detailed, accurate journalistic accounts of the political and economic corruption and social hardships caused by the power of big business in a rapidly industrializing United States.

Explanation:

What can measuring a nations output of goods and services tell us about the economy

Answers

Answer:

The size of a nation's economy is commonly expressed as it's gross domestic product (GDP), which measures the value of the output of all goods and services produced within the country on a year. You measure it by taking the quantities of all the goods and services produced, multiplying them by their prices, and summing the total.

The size of a nation’s economy is commonly expressed as its gross domestic product, or GDP, which measures the value of the output of all goods and services produced within the country in a year. *GDP is measured by taking the quantities of all final goods and services produced and sold in markets, multiplying them by their current prices, and adding up the total. GDP can be measured either by the sum of what is purchased in the economy using the expenditures approach or by income earned on what is produced using the income approach. The expenditures approach represents aggregate demand (the demand for all goods and services in an economy) and can be divided into consumption, investment, government spending, exports, and imports. What is produced in the economy can be divided into durable goods, nondurable goods, services, structures, and inventories. To avoid double counting—adding the value of output to the GDP more than once—GDP counts only final output of goods and services, not the production of intermediate goods or the value of labor in the chain of production. The gap between exports and imports is called the trade balance. If a nation's imports exceed its exports, the nation is said to have a trade deficit. If a nation's exports exceed its imports, it is said to have a trade surplus.

Solving a problem often depends on how an individual represents a problem. Please select the best answer from the choices provided T F.

Answers

It should be noted that solving a problem depends on how an individual represents a problem. Therefore, it's true.

When an individual is faced with a problem or a challenge, the best thing to do is to find the strategies that'll be used to solve such problems.

Rather than thinking about it, one should look for ways to solve the issue. Therefore, solving a problem often depends on how an individual represents a problem.

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Answer:

The answer is true

Explanation:

according to zephaniah, the day of the lord was both near and far.

Answers

answer according to zephaniah, the day of the lord will be an everlasting world of righteousness

Which of the following was an important result of the land policies of the Royal Governors?

Answers

Answer:

Royal Georgia refers to the period between the termination of Trustee governance of Georgia and the colony's declaration of independence at the beginning of the American Revolution (1775-83). ... The second royal governor, Henry Ellis, established a sound foundation for government during his four-year administration.

Explanation:

royal governors-established a new representative government in Georgia; acquired millions of acres of land through peaceful negotiations with the Cherokees, granted colonists the right to own more land, and led Georgia through a time of great prosperity (both economically and population), established good relations with the Creeks, and showed colonists how to govern themselves (budget, taxes, and defense)

Why do you think people in Northern and Southern Europe find living in cities more appealing than living in rural areas?

Answers

Answer:In th south they are content with the city.

In the north they like the rural. They have access to the green pastures and fresh air that you dont quite find in the city.

Explanation:

In general, it seems that individuals in Northern Europe prefer to live in rural settings, whilst those in Southern Europe seem to be more content in cities.

What is the significance of Northern Europe?

According to some looser definitions of the region, the Protestant Reformation began in Northern Europe. Protestantism was embraced there to a degree unheard of in other parts of Europe, and the vast majority of Northern European countries, by any definition, are predominantly Protestant historically.

What is the significance of Southern Europe?

Family is emphasized in Southern European culture, along with leisure time and a reverence for traditions. Personal networks can help open doors and build connections with the right people because businesses typically have a traditional and hierarchical structure.

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_____ refers to an altered state of consciousness characterized by _____ and the feelings that one's actions are involuntary.

Answers

Answer:

Hypnosis

Explanation:

ignore this assdgkadhjs dak dsk d

Answers

Answer:

i just want the points

Explanation:

thanks

okay, i shall ignore :)

what two chess pieces are moved when a player is castling?

Answers

Answer:

The king an the rook

Explanation: Castling consists of moving the king two squares towards a rook on the player's first rank , then moving the rook to the square that the king crossed.

Castling is a special rule that is simply defined and permits your king to move two squares to either its right or left while the rook on that side advances to the king's opposite side.

What is the history of chess?

Before the year 600 AD, the Indian board game chaturanga gave rise to the modern game of chess. Over the next centuries, the game expanded throughout Asia and Europe until eventually developing into what is now known as chess in the 16th century.

Spanish priest Ruy Lopez was one of the game's original masters. Despite not having created the opening that bears his name, he did study it in a work that was published in 1561.

Back then, chess theory was so rudimentary that Lopez recommended using the tactic of playing with the sun in your opponent's eyes!

The first World Champion, Wilhelm Steinitz, is frequently referred to as the "father of modern chess."

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How did the American Indians travel to Texas?

Answers

Answer:

Explanation:

The people who would become the first Americans walked across this land connection while following the big mammals they hunted. Some of the new arrivals began to move south, along an ice-free corridor between the ice sheets. Some reached Texas.

which country was the first to have the tradition of christmas trees

Answers

Answer:

Sweden or Germany it's one of the two.

In a paragraph (at least 7 sentences) please explain why fire and the Neolithic Revolution were so important! Remember you can use your notes for guidance but everything should be in your own words! Think about what the discovery of fire changed? What could people do that they could not before? What was the Neolithic Revolution?

NEED DONE ASAP

Answers

Answer:

what are the notes attache them

Explanation:

how does students abilities help in development of countries

Answers

Students are the root of development in country. Students play very important and big role in development of country. ... Because from this generation we can achieve The Policy Makers, The Scientists, The Chemists, The Doctors in future and they can do great work for better development of their country.

Some advantages of education are: it boosts economic growth and increases the GDP of a country. It even reduces infant mortality rate, increases human life expectancy. Education is an important investment in a country as there are huge benefits. ... Education helps in making the right decisions at the time of conflicts.10

Answer:

Some advantages of education are: it boosts economic growth and increases the GDP of a country. It even reduces infant mortality rate, increases human life expectancy. Education is an important investment in a country as there are huge benefits. ... Education helps in making the right decisions at the time of conflicts.

what inspired Siddhartha Gautama to create a new religion

Answers

Answer:

His enlightenment made him a Hindu sant/satguru, it was not

until king Ashoka who started believing in him as a Hindu

sant/satguru who spread his message across India and Asia through

missionaries casuing Buddhism to grow so large, it sepatated from

Hinduism!

Answer:

he wanted to find the answers to the questions that people had.

Explanation:

Founder of Buddhism

Gautama was born into a wealthy family as a prince in present-day Nepal. ... After six years of searching, Buddhists believe Gautama found enlightenment while meditating under a Bodhi tree. He spent the rest of his life teaching others about how to achieve this spiritual state.


7. Which organization formed to fight apartheid and work for equality in
the country of South Africa?
1: African Union
2: Nationalist Party
3: African National Congress
4: Organization of Petroleum exporting countries

Answers

Answer:

3

Explanation:

The African National Congress (ANC) is a social-democratic political party in South Africa.

Women's wing: ANC Women's League

Veteran's League: ANC Veterans League

Youth wing: ANC Youth League

Abbreviation: ANC


What is the answer for this question asap

Answers

Answer:

Explanation:

C

You believe that studying hard leads to good grades, yet you can't help but watch an episode of your favorite show. This inconsistency is an example of:

Answers

This inconsistency in your belief and in your action is what is referred to as cognitive dissonance.

Cognitive dissonance can be defined as the conflicting attitude that people may have. This can be described as a situation where a person is having conflicting beliefs and attitudes.

In the question, we can easily see this. The person already knows that to have good grades, they owe it to themselves to study hard. Yet they still keep on watching the television.

This is a conflict in belief and action.

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who came up with the idea for the great compromise?

Answers

Answer:

Roger Sherman

Explanation:

Hope this helps ;)

1. What was controversial about the Compromise of 1850?

a. It declared slavery moral on the basis of economics

b. It allowed northern states to control southern states

c. It forced free states to return fugitive slaves

d. It allowed southern states to control northern states


2. What ruling was made in the "Dred Scott v. Sandford" case?

a. That slaves living in free states could become citizens

b. That territories and the federal gov't cannot restrict slavery

c. That slaves in free states need not return to slave states

d. AOA

3. Which of the following amendments was the single most important tool used in the subsequent battle for civil rights?

a. 12th

b. 13th

c. 14th

d. 15th

Answers

Answer: C,B,C

Explanation:

the compromise was made so slaves found in the north had to be returned to the south. The supreme Court ruled that dred Scott was not a person but just a piece of property and just because he was “free” for for a small period of time doesn’t mean her should get to be free all the time. The 14th was very important

what set djenné apart from mali's other good cities?

Answers

Answer: Mali's other great cities? It was home to the Great Mosque. It was known for the gold ...

Explanation:Djenne, an ancient trading city and center of Muslim scholarship, located on the Bani River and on floodlands between the Bani and Niger rivers in southern ...

Answer:

What set Djenné apart from Mali's other great cities?

A.It was home to the Great Mosque.

the state of nevada enacts a usury statute. with respect to different types of transactions, including ordinary loans, the purpose of the statute is to

Answers

The purpose of the Usury statute is to set a maximum rate of interest in the state of Nevada.

Usury statute is basically the state law which governs the amount of interest that can be charged on loan in the region.

Usury statute ensures maximum interest rate for different types of transactions including ordinary loans.

In conclusion, the purpose of the Usury statute is to set a maximum rate of interest in the state of Nevada.

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On the night of March 15, a bicycle owned by a teen named Lee Ling was stolen from a rack at an apartment complex. A security camera recorded the theft. The recording shows a young man in his late teens, wearing a sweatshirt and jeans. However, the footage is grainy, so it is difficult to see the thief's face. The police stop and question a young man in the area named Mark Greene. He lives in the same building as Lee Ling. His clothes are similar to the thief's attire. He also has a prior record for robbery. The next morning, the police arrest Mark. Two months later, his case goes to trial.What kind of trial is this

Answers

Considering the situation described above, when the Mark Greene case goes to trial, the kind of trial would be conducted Juvenile Case.

What is a Juvenile Case?

A juvenile case is one of the main trials in the legal system. It is usually conducted when the defendant is a teenager or minor, usually below 17 - 21 years old.

Even though Mark Greene has had a previous robbery record, he would still be tried in a Juvenile trial because his criminal activities are not a serious offense like murder, and he is still a teenager.

Different types of Juvenile Trail or Case Juvenile delinquencyChild protective hearingsTraffic cases.

Hence, in this case, it is concluded that the correct answer is Juvenile Trial

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Answer:

1: Criminal, 2: The Government, 3: Mark Greene, 4: Jury Selection

Explanation:

What kind of trial is this? Criminal

Who is the plaintiff in the case? The Government

Who is the defendant in the case? Mark Greene

What is the first step in this trial? Jury Selection

If its different question im sorry but matches my questions ill change if incorrect

Describe the ways the Spanish used their military to conquer the Americas.

Answers

Answer:

boats and supplies

Explanation:

how to keep your cat from climbing the christmas tree?

Answers

Answer:

Most cats hate foil and citrus scents, so wrap your tree trunk in foil, and place a few lemon or orange peels around the base. You can also place pine cones around the base.

Explanation:

6
Which of these is an example of an ideological interest group?
O Animal Defense League
O Save the Children Action Network
Americans for Limited Government
O American Civil Liberties Union

Answers

Answer:

it's C : Americans for limited government

A collection of views or ideologies attributed to a person or group of people, especially as maintained for quasi epistemic reasons, in which "practical features are as important as theoretical ones."

The correct option is Americans for Limited Government.

This is the correct option because this is an example of an ideological interest group. It refers to Individuals and organizations with similar problems and interests from interest groups.

These organizations seek to obtain or maintain advantages for their members, as well as to effect broad reforms that they believe would benefit the public good.

Interest groups alter government policy through campaigning, awareness-raising, and even direct bribery of governments. Many different constituencies are represented by a diverse range of philosophical interest groups.

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When three different objects of a particular class are created, they are said to be separate ________ of the class.

Answers

Answer:

students that are really are good friends

Explanation:

The production of electricity and natural gas is most important to which country’s economy?
A-Italy
B-Russia
C-France
D-Romaina

Plz hurry

Answers

Answer:

The production of electricity and natural gas is most important to which country’s economy?

B-Russia

Answer:

The production of electricity and natural gas is most important to which country’s economy?

-Russia

Explanation:

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you are learning a list of items for a test by relating the items to each other and to information that you already have stored in memory. which type of rehearsal are you using?

Answers

Answer:

Are there multiple choice questions?

Explanation:

Sorry if I'm annoying you by asking this through an answer T - T

How did the U.S. government prepare the nation for World War 1?

Answers

The United States have fought a lot of wars. The U.S. prepared for war by the act of creating or building- up the military in preparation for deployment, they also do so by initiating a draft.

The president can issue Liberty Bond and advocate for public participation so as to raise money for the war efforts. The military through the draft, people volunteer to fight for thier country.

US prepare for World war 1 through the financing, transportation, equipment, food, and men. Through the call for public support, people gave voluntary to support war.

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A history question Need to turn this in soon PLEASE HELP IMMEDIATELY!! ITS WITH ORDER OF OPERATIONS AND PEMDAS!! Which term accurately describes Melanie, who was born in the United States and is currently working in Italy for a company headquartered in China why where rivers so important write the function of alcohol in a alcohol thermometer. Share your thoughts about this statement by John Wesley"Electricty is the soul of universe" The value of -2 is_________the value of 1.5 because-2 lies to the__________of 0 and 1.5 lies to the_________of 0 on the number line. PLEASE HELPPPPP!!!Find the slope and y-intercept of the graph of each question:1. y=6x+11(pretty sure 6 is the slope and 11 is the y-intercept... pls correct me if me wrong)2. y=x+6(1 is the slope and 6 is the y-intercept??) Pls help me understand this problemRick paints a circular table that has a diameter of 16. What is the area of the table? According to ________, people who receive direct emotional support are better able to cope with stress. The brightness of a star depends on the amount of light energy coming from the star.Which factor also affects the brightness of a star in the sky?the amount light shining on the starthe distance of the star from Earththe season of the year on Earththe number of other separate stars seen around it weakness : requirement for unanimous votes . explain in your own word ( answer this )predict why this weakness might be a problem ( answer this ) what are some ways you can limit or prevent identity theft or fraudulent charges? The ordered pair (8,2) is found in the ____ Quadrant 20 ____ = 5 need your help Petrolyn motor oil is a combination of natural oil and synthetic oil. It contains 8 liters of natural oil for every 5 liters of synthetic oil.In order to make 1196 liters of Petrolyn oil, how many liters of natural oil are needed? The teacher provided many colors for painting, but the children primarily used yellow, white, and green. Why do you think the children made these choices Please help me please !! Roxy is exercising with a jump rope. Although she is standing next to Hector, she is having difficulty speaking to him due to her exertion. Therefore, it is likely that Roxy is exercising at __________. A. Low intensity B. Moderate intensity C. Vigorous intensity D. None of the above Please select the best answer from the choices provided. A B C D. Pls help me i dont know what the answer is