Which of the following statements regarding a Roth IRA is false?
A) Contributions to a Roth IRA are nondeductible.
B) A Roth IRA is tax exempt.
C) Individuals of any age can make qualified tax-exempt withdrawals from a Roth IRA.
D) High-income individuals are not allowed to contribute directly to a Roth IRA.
Correct Answer:
Verified
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