Which one of the following is a retirement plan that allows a $5,500 annual contribution with tax-free earnings after five years?
A)Roth IRA
B)Education Savings Account
C)Keogh Plan
D)401(k)Plan
E)529 Plan

Question

Quizplus · Accepted Answer

A Roth IRA allows for tax-free earnings after five years and has an annual contribution limit that was $5,500 for certain years, although this limit can change with tax law updates.

Which One of the Following Is a Retirement Plan That