The tax advantage of a Roth IRA is that although the contributions are not deductible, the distributions of contribution and income are tax-free.

Question

Quizplus · Accepted Answer

The statement accurately describes the tax advantage of a Roth IRA. While contributions to a Roth IRA are made with after-tax dollars and are therefore not deductible, qualified distributions of both contributions and earnings are entirely tax-free.

The Tax Advantage of a Roth IRA Is That Although