Answered

Explore IDNLearn.com's extensive Q&A database and find the answers you need. Discover comprehensive answers from knowledgeable members of our community, covering a wide range of topics to meet all your informational needs.

Which of the following features is NOT a unique advantage of the Roth IRA?

A. Contributions are tax deductible.
B. Distributions may be deferred beyond the attainment of age 73.
C. Qualified distributions at the time of retirement are not taxed as income.
D. Contributions may continue beyond attainment of age 73.

Sagot :

GinnyAnsweridn

Final answer:

Roth IRA contribution uniqueness


Explanation:

The unique advantage to a Roth IRA is that contributions are not tax deductible unlike a traditional IRA where contributions are tax-deductible. This characteristic allows for tax-free growth and tax-free withdrawals in retirement, making it a valuable retirement savings vehicle.


Learn more about Roth IRA here:

https://brainly.com/question/34922853


Your presence in our community is highly appreciated. Keep sharing your insights and solutions. Together, we can build a rich and valuable knowledge resource for everyone. Find clear and concise answers at IDNLearn.com. Thanks for stopping by, and come back for more dependable solutions.