SIE Exam Practice Question 801

Question: 801

Which of the following are correct regarding Roth IRAs?

(1) Contributions to a Roth IRA can be made at any age.

(2) Contributions to a Roth IRA must be made before age 70 ?.

(3) A Roth IRA owner is not required to take a minimum distribution during his or her lifetime.

(4) Roth IRA contributions may be deducted in limited circumstances.

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