Your client is interested in making a contribution to a Roth IRA. Which of the following statements is not correct?
A) Contributions to a Roth IRA are not tax deductible
B) Anyone with earned income in a given year can make a contribution to a Roth IRA
C) Active participation in an employer-sponsored plan is not an issue when considering eligibility for making a Roth IRA contribution
D) Qualified withdrawals from a Roth IRA are tax free
Correct Answer:
Verified
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