Which statements are TRUE regarding Individual Retirement Accounts?

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Which statements are TRUE regarding Individual Retirement Accounts?

I Investment in U.S. minted gold coins is permitted

II Investment in U.S. issued securities is permitted

III Investment in art is permitted

IV Investment in collectibles is permitted

A. II only

B. I and II only

C. III and IV only

D. I, II, III, IV

Answer: B.

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