All of the following statements about traditional and Roth IRAs are true EXCEPT
A) Traditional IRA contributions may be fully,partially,or not income tax deductible.
B) Qualified distributions from Roth IRAs are received income tax free.
C) Contributions to Roth IRAs are made with after-tax dollars.
D) Traditional IRAs are exempt from the penalty tax on premature distributions.
Correct Answer:
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