What is the difference between a Roth IRA and a traditional IRA?
A. Roth IRA contributions are tax-deductible, while traditional IRA contributions are not.
B. Roth IRA withdrawals are tax-free, while traditional IRA withdrawals are taxed.
C. Roth IRA contributions and withdrawals are both tax-free.
D. Traditional IRA contributions and withdrawals are both tax-free.
Answer:B
What is the difference between a Roth IRA and a traditional IRA?
A. Roth IRA contributions are tax-deductible, while traditional IRA contributions are not. B. Roth IRA withdrawals are tax-free, while traditional IRA withdrawals are taxed. C. Roth IRA contributions and withdrawals are both tax-free. D. Traditional IRA contributions and withdrawals are both tax-free.