ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
At what age are you required to begin taking distributions from your Roth IRA?
A
65
B
59 1/2
C
70 1/2
D
Never
Explanation: 

Detailed explanation-1: -If you take a distribution of Roth IRA earnings before you reach age 59½ and before the account is five years old, the earnings may be subject to taxes and penalties.

There is 1 question to complete.