This website uses cookies to ensure you get the best experience on our website. Privacy Policy OK

Who wants to be an IRA expert?

| See more in Finance

Test your basic knowledge on IRAs.

maisienolin
Created Date 09.03.20
Last Updated 09.03.20
Viewed 3 Times
Your browser doesn't support HTML5. System.Collections.Generic.List`1[System.String] System.Collections.Generic.List`1[System.String]
submit to reddit

Would you like to build your own game?

It's easy!

Go to the GameBuilder and get started!

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: