Question: HELLO PLEASE HELP NEED THIS TO PASS THE CLASS!!! Q13 401(k) Roth IRA, defined benefit plans Which one of the following statements is correct (true)?


Q13 401(k) Roth IRA, defined benefit plans Which one of the following statements is correct (true)? Multiple Choice Contributions to a Roth IRA are generally tax-deductible (.e. come from pre-tax dollars) Most 401k) type retirement plans only allow employees to invest in bond or money market mutual funds. Employee contributions to a 401(k) plan generally come from pre-tax dollars. The most common type of retirement plans now offered by employers are defined benefit plans. Q14 - FIT liability with SS benefits Assume a retiree is age 64, single, with the following for 2022: SS benefits received Taxable Investment income Household expenses $20,000 $30,000 $36,000 Compute the 2022 Federal income tax liability Multiple Choice $0 $4,240 $2,993 $4,546
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