Question: Which of the following statements is correct? Roth IRA accounts can be distributed before age 5 9 1 2 without penalties or taxes. The Backdoor
Which of the following statements is correct?
Roth IRA accounts can be distributed before age without penalties or taxes.
The Backdoor Roth enables participants to contribute above the IRA contribution limits
The Backdoor Roth strategy has legal implications and must be avoided.
Roth IRAs provide more tax savings than Traditional IRAs, assuming a constant income and tax rate over a lifetime.
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