With a Roth IRA, the individual

Name: With a Roth IRA, the individual
Brand: Quizplus
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Question

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With a Roth IRA, individuals earn tax-free income on their investments, as withdrawals in retirement are not subject to federal income tax if certain conditions are met. Contributions to a Roth IRA are made with after-tax dollars, and thus, cannot be deducted. Taxes are not deferred since contributions are not tax-deductible, and Roth IRAs do not specifically address estate taxes, although they can be part of estate planning.

With a Roth IRA, the Individual