Week 7 Assignment

Week 7 Assignment

please compose a brief 3-4 page report in which you complete the following:

Differentiate between the various types of Individual Retirement Accounts (IRAs), including traditional, rollover, Roth, SEP and SIMPLE plans, as well as the tax treatment of contributions and distributions
Explain the rules and penalties applicable to early retirement distributions and for retirement distributions due to retirement, death, and divorce.
Be sure to cite any resources in the text of your work and provide a references page on the final paper. If you have any questions please feel free to reach out to me anytime! I look forward to our continue

 

 

 

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Week 7 Assignment
Question 1
There are several types of individual retirement accounts that an individual may choose from. Understanding the key differences between these retirement plans is appropriate for people who want to start saving for their future years. The traditional individual retirement account is one that allows individuals to individuals to save.

(889 words)

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