Which of the following statements about IRAs is false?
A) Annual contributions made to the account are tax-deductible up to certain amounts.
B) They earn tax-deferred investment income.
C) Only people in certain income categories can make deductible IRA contributions.
D) The maximum annual deductible contribution is $4,000 per person.
D
Business
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All of the following groups are eligible for group insurance EXCEPT
A) groups that exist solely in order to purchase insurance B) small employers within the same industry who self-fund a plan C) trade or professional associations D) collective members of a labor union
Business
The law forbids any employer from forcing you to retire before age 70
Indicate whether the statement is true or false.
Business