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Test your basic knowledge on IRAs.
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Topics of this game:
- As of 2020, what is the contribution limit if you are under age 50?
- Inherited IRAs are opened through:
- Which below is not a disclosure provided to members opening an IRA:
- A rollover goes from:
- To complete an IRA withdrawal, make a (W) from the share. No further documentation is necessary.
- Which IRA has possible tax deductions if eligible?
- Which type of IRA does not have an age restriction for contributions?
- For a traditional IRA plan owner making a distribution under the age of 59.5, what percent penalty will they incur? (excluding exceptions)
- For traditional IRAs, what age must RMDs begin?
- For a Roth IRA distribution to not be subject to tax or penalty, the owner must have met a 5 year waiting rule AND:
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