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Ben Carmichael Has Been Making Contributions into an Individual Retirement

Question 150

Multiple Choice

Ben Carmichael has been making contributions into an individual retirement account for his retirement.His contributions are tax deductible as his employer does not offer a retirement plan.What type of individual retirement account does he have?


A) traditional IRA
B) Roth IRA
C) spousal IRA
D) Education IRA
E) 401(k)

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