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

route 66 has an alternate name as what actor’s highway?

Answers

Answer:

The correct answer is Will Rogers.

Explanation:

Route 66 has an alternate name, the Will Rogers Highway. In the 1950s, Route 66 was the primary route used by tourists travelling to Los Angeles.

What was the U.S. Route 66?

One of the first roads in the United States network of numbered highways was U.S. Route 66, also known as U.S. Highway 66 (US 66 or Route 66). On November 11, 1926, it was founded, and the next year, road signs were put up. The highway, known as the Mother Road by John Steinbeck, represents escape, loss, and the possibility of a fresh beginning in his 1939 masterpiece The Grapes of Wrath.

The Will Rogers Highway and Main Street of America are two other names and abbreviations for the route. Especially during the Dust Bowl of the 1930s, US 66 served as a major conduit for people moving west and boosted the economy of the villages it went through. Businesses along the route had success, and when the possibility of being bypassed by the new Interstate Highway System grew, they campaigned to preserve it.

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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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how many points are needed to win a game of volleyball?

Answers

25 points are needed to win a game of volleyball hope that helps

Write a letter to your cousin explaining to him the importance of saving money in bank rather than keeping cash at home.

Answers

Answer:

Money Saving

Explanation:

You should say.

Hey, You know you should keep your cash in the bank instead of home because if you keep at home and you leave for like an out of town job/class someone can get into your house and take that money and when you get back and try to get it it will mabye be gone or someone stole it.

Thats why you should keep ur money in ya bank

what two states have their state name in their capital

Answers

Oklahoma and Kansas
Idaho and Missouri
Indiana and Oklahoma
Indiana and Oklahoma.

An intense fear of heights is not considered to be a psychological disorder unless it:

Answers

An intense fear of heights is not considered to be a psychological disorder unless it interferes with your daily life.

Hope that helps. :)

How was the Islamic Faith able to spread so quickly throughout the Middle-East and
beyond? Why did it stick in the places it spread? What caused the spread of Islam to finally slow?

Answers

Answer:

1- Expansion attacks , Missionaries , Land conquests.

2-Highly respected huhammad beliefs , learners of the Islamic Religion felt it a great blessing to hear the scriptures of The Lords last diciple.

3- One great reason of Islam religion to finally slow its spread was several attacks from the Mogol Invasions leading to the fall of the Islamic empire the fall led to Islam losing rights to trade routes and without the water connection networks they were'nt able to send out missionaries. THIS IS ONE MAIN REASON , many things led to the fall of Islamic Spread!

Explanation:

Answer:

1. It's a sacred city to all of them, yet they perceive it in a different light.

2. Numerous trading routes and nomadic members made it a truly global religion. Many people found it appealing.

3. In part because Western Civilization allows and even encourages a lot of heated and sometimes angry debate, it may never reach its full potential because it takes so long to correct itself.

Explanation:

Change some words to avoid plagiarism.  :)

HELP ME PLEASE

(NO LINKS PLEASE FOR REAL NO LINKS)

In the acronym APACT, the first "A" stands for author. Do you need to know the author's name?

A. yes, because you cannot use them as a source if you don't know the author's name
B. yes, because you may want to contact the author
C. no, because all of the information will have your name on it
D. no, not if the information is from a reputable university

Answers

A hope I helped :):):)

Players with a high level of skill should feel free to flaunt their skills in a game. Please select the best answer from the choices provided. T F.

Answers

Answer:

fales

Explanation:

i took edinuity test

It should be noted that players who have a high level of skill should not flaunt their skills in a game. Therefore, it's false.

A skill simply means the expertise or the talent that's required to perform a job. It should be noted that skills are important in sports for one to succeed.

Despite the importance of skills in sports, players with a high level of skill should not flaunt their skills in a game. It's important to be respectful to other players.

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what was the first political party of nepal​

Answers

Answer:

The Nepal Praja Parishad was the first political party of Nepal .

Explanation:

Please mark me brilliant

which food item should be stored on the top shelf in a commercial refrigerator?

Answers

The food item that should be stored on the top shelf in a commercial refrigerator is:

Ready-to-eat foods e.g: cooked foods, leftovers, cooked meats, dairy products, etc.

Let's understand why this category of foods should be kept at the top shelf of a refrigerator.

Ready-to-eat FoodsReady-to-eat foods are the categories of foods that are already prepared and ready to be consumed.

Such foods should be covered and kept at the top shelf of a refrigerator in order to prevent contamination. They are stored away from raw foods.

Raw foods like raw meat, poultry and fish are kept at the bottom shelf in order to prevent cross-contamination.

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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 is meant by culture of peace? Why is it necessary​

Answers

Answer:

A culture of peace is an integral approach to preventing violence and violent conflicts, and an alternative to the culture of war and violence based on education for peace, the promotion of sustainable economic and social development, respect for human rights, equality between women and men, democratic participation, ...

Explanation:

What is Thorstein Veblen's argument in The Theory of the Leisure Class?.

Answers

Answer:

Veblen argues that the selection of institutions affects the selection of people within society. Institutions change fast, so although only the fittest habits of thought will normally survive, the selection of people cannot keep up. Further, changes which may be good for society as a whole may be bad for certain people. Veblen’s discussion provides a nice picture of a dynamic environment and selection pressures that vary with it.

Despite this dynamism, society is slow to change and conservative. Veblen argues that the leisure class is able to keep society conservative through withdrawing the means of sustenance to the industrial class. As a result, the industrial class does not have the resources to invest in new ideas and habits. Even if they did gain some surplus, that would be wasted on the conspicuous consumption that the leisure class has established as the societal norm.

The argument of Thorstein Veblen in the Theory of the Leisure Class is regarding the impact of the selection of institutions over the selection of people from society as a whole.

Who was Thorstein Veblen?

Thorstein Veblen was a famous sociologist and economist who wrote the book The Theory of the Leisure Class. He wrote about the relationship between the economy, culture, and society.

Argument

The argument by him was because the rapid increase in the speed to institutions with the fittest habits will only be able to survive. This cannot be affected by the selection of people. This means that the selection of institutions is an independent variable while the selection of people is the dependent variable.

Along with the argument, he also argued that the leisure class is able to maintain the society conservations due to which the industrial class does not have many resources to invest in the new ideas and habits.

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what is the difference between private and public interest groups

Answers

Answer:

According to the public interest model, government tries to enact laws, regulations, and policies that benefit the public. The private interest (or public choice) model, by contrast, suggests that government officials enact laws that are in their own private interest.

Please mark as brainliest

Answer:

According to the public interest model, government tries to enact laws, regulations, and policies that benefit the public. The private interest (or public choice) model, by contrast, suggests that government officials enact laws that are in their own private interest.

its may help you!

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Some of the students in John’s study group are doing an excellent job. But some students do not show up on time and do not complete their part of the assigned tasks. What can John do to help the group identify who and what is working out well and what isn’t? a. Hold a joint meeting and aggressively confront those who are not holding up their end of the assignments c. Ask a teacher, who has never seen the group work together, come in and make suggestions on how to deal with irresponsible students. B. Create assessments which rate how well each student is doing d. Any of these Please select the best answer from the choices provided A B C D.

Answers

For John to help the group identify who and what is working out well and what is not, he needs to B. Create assessments which rate how well each student is doing.

In order to gauge the performance of the students, it will be vital for John to create assessments that are aimed at ascertaining how well the students are doing.

Through the assignments, John can more accurately gauge the abilities of the students to know who is not meeting up and who is doing excellently well.

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What are the 5 components of social studies?

Answers

Answer:

Geography.

History.

Culture and Society.

Civics and Government.

Economics.

Which of the following groups attempted insurgency against the newly independent Philippine government? Christians Hindus Muslims Buddhists.

Answers

The group that carried out attempted insurgency against the newly independent Philippine government is : Muslim.

First elected assembly was conducted by Philippines in1907  where Jones Act promised independent.

After the newly independent Philippine government start, there was attempted insurgency from the Muslim group.

Therefore, Muslim group carried out the insurgency.

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Answer:

Which of the following groups attempted insurgency against the newly independent Philippine government?

ChristiansHindusMuslims <<<CORRECTBuddhists

Explanation:

eDGE TEST 2022

write a topic on Social subject.​

Answers

Answer:

President can't you write your self

Criminal trials for charges of murder and other serious crimes would be conducted in the a state court system unless the charges involved multiple states, non-citizen immigrants, or a foreign ambassador.

a. True
b. False

Answers

Answer:

true

Explanation:

which amendment was the first to include a time limit for ratification?

Answers

The 18th amendment was the first to include a time limit fir ratification

3 things that I have discovered about true freedom.

2 things that I can do in the service of my family and community as an expression of my love and proper use of my freedom.

1 Goal that I hope to accomplish this year that will significantly impact the community that I live in.​

Answers

Answer:

question 1

1 to be happy

2 to have rights

3 not to be scared

question 2

donate to poor

keep every one happy

question 3

to clean my neighbourhood and grow lots of plants

Being single in the U.S.

A) is still a stigmatized status for older women in particular

B) is increasingly not due to divorce, but to never having been married

C) is preferable to being married

D) is still rare once a person reaches the age of 40

Answers

Answer:

B) is increasingly not due to divorce, but to never having been married

Give ONE example of how feelings, thoughts and behaviour influence each other. Feel free to make reference to a particular situation.

Answers

Answer:

Feelings, thoughts and behaviour influence each other because if someone is feeling down they may bring a negative atmosphere around one another. eg. They could distance themselves, snap at you and not socialise which can cause major problems for themselves and people around them.

OR

Feelings, thoughts and behaviour can influence each other because if someone is in a very happy and jolly mood, they may smile, ask how your day was or even start dancing/skipping whilst walking. When someone sees this type of behaviour it might bring a smile to their face and change their mood into a positive setting.

Hope that helps. x

What is the purpose of replication?
A. to make an RNA template from DNA
B. to produce copies of a DNA molecule
C. to move mRNA through the ribosome
D. to change the number, type, or order of bases
in DNA

Answers

Answer:

What is the purpose of replication?

B. to produce copies of a DNA molecule

Which statement is an example of an opinion rather than a fact?
a
O A. The United States should avoid getting involved in foreign wars.
B. The United States fought alongside the Allied powers in World War
11.
C. The United States spends more on its military than any other
country
D. The United States has hundreds of military bases in other
countries.

Answers

Answer:
A
Explanation:

how to induce vomiting in dogs after eating grapes

Answers

A tablespoon of hydrogen peroxide given by mouth will usually accomplish the within 5 or 10 minutes hope this helps and I hope you dog is ok

why do you think so many women of nepal 41percent get married before 18 years​

Answers

Answer:Many women in nepal get married for many reasons .these include poverty, bride price, dowry, cultural traditions, religious and social pressures, regional customs, fear of the child remaining unmarried into adulthood, illiteracy, and perceived inability of women to work for money.

Explanation:

how does conflict occurs in a society​??

Answers

Answer:

Social conflict is the struggle for agency or power in society.

Explanation:

Social conflict occurs when two or more people oppose each other in social interaction, each exerts social power with reciprocity in an effort to achieve incompatible goals whilst preventing the other from attaining their own.

What were the Articles of Confederation?
1. The document that declared Independence for Great Britain
2. The peace treaty signed ending the American Revolution
3. the first Consitution in the U.S.
4. The agreement made between the federalists and Anti-federalists

Answers

Answer:

answer is #1 from Confederation

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