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A traditional IRA and a Roth IRA have both similarities and differences. Compare and contrast (1) a traditional IRA with (2) a Roth IRA with respect to each of the following:

a. Income-tax treatment of IRA contributions and distributions

b. Income limits for eligibility

c. Determining how the IRA contributions are invested

d. Eligibility, if any, of a spouse who is not in the paid labor force to make an IRA contribution

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91772198

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