A(n) _________ is an Internet e-mail provider

Which of the following statements regarding a traditional individual retirement account (IRA) is NOT correct?

A) Distributions must begin from an IRA by April 1 of the year following the IRA owner's attainment of age 70½. B) Assuming that only tax-deductible contributions were made into the IRA, 100% of distributions from it are treated as taxable income. C) IRAs are available to anyone younger than age 70½ with earned income, but deductible contributions are limited for individuals who are also covered under an employer-sponsored retirement plan. D) A 10% penalty is assessed on any distribution from an IRA before age 59½.

In general, with an amortized loan, the payment amount remains constant over the life of the loan, the principal portion of each payment grows over the life of the loan, and the interest portion of each payment declines over the life of the loan

Indicate whether the statement is true or false