IRA Match Quiz
How much do you know about IRAs? Do you know the difference between a Traditional and Roth IRA?
Here is a quick quiz to check your knowledge. Select the correct type of IRA for the following questions.
1. You can make tax-deductible contributions to this type of IRA.
Traditional IRA
Roth IRA
2. Qualified distributions from this type of IRA are not taxable.
Traditional IRA
Roth IRA
3. Regardless of your age, if you have earned income you can make contributions to this type of IRA.
Traditional IRA
Roth IRA
4. This type of IRA requires you to start taking distributions at a certain age.
Traditional IRA
Roth IRA
5. This type of IRA does not have an income limit for making contributions.
Traditional IRA
Roth IRA
Answers
- Traditional
- Roth
- Roth
- Traditional
- Traditional
If you have any questions, please call one of our IRA experts at 800-821-5104.
- Al Kauffman, Certified IRA Professional, at ext. 2840
- Michelle Roxbury, Certified IRA Professional, at ext. 2876