All of the following are true with regard to a Roth IRA except
A)contributions to Roth IRAs are subject to special modified AGI limitations that are higher than those for traditional IRAs.
B)contributions to Roth IRAs are never tax deductible.
C)contributions to Roth IRAs must cease after the owner has reached age 70 1/2.
D)contributions to existing Roth IRAs must be made by the due date of the return.

Question

Quizplus · Accepted Answer

Contributions to Roth IRAs do not need to cease after the owner has reached age 70 1/2, unlike traditional IRAs where contributions must stop after that age.

All of the Following Are True with Regard to a Roth