Giao dịch, Tài khoản & Hành vi cấmCâu 243 / 398
A qualified distribution from a Roth IRA is generally tax-free if the account has been open at least five years AND the owner meets which condition?
a.Has held the account in a margin arrangement
b.Rolls the funds into a 401(k) within 60 days
c.Is at least age 59 1/2 (or meets another qualifying event)
d.Has never taken a prior contribution back out
Giải thích
Roth IRAs are funded with after-tax dollars, so qualified distributions of earnings are tax-free when the five-year holding period is met and the owner is 59 1/2 or older (or death, disability, or a first-home purchase applies). Contributions can always be withdrawn tax-free.
Trích dẫn luật: Internal Revenue CodeLuyện miễn phí toàn bộ 398 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- When opening a cash account for a corporation, what document does the firm typically require to establish who is authorized to trade?
- A customer wants to open an account for a revocable living trust. What document should the registered representative obtain to determine the trustee's powers?
- Which statement best describes the tax treatment of a traditional IRA?
- Which of the following is a defining feature of a traditional 401(k) plan?
- Under the Customer Identification Program (CIP), a firm must collect and verify certain minimum information before opening an account. Which set represents the four required items?
- FINRA's Know Your Customer rule requires a firm to use reasonable diligence to know the essential facts about every customer. The 'essential facts' are primarily those needed to do what?
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với FINRA Securities Industry Essentials (SIE) Exam · Quy trình kiểm tra