Which statements are TRUE when comparing a Roth IRA to a Traditional IRA?

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Which statements are TRUE when comparing a Roth IRA to a Traditional IRA?

I Traditional IRAs are available to anyone who has earned income

II Roth IRAs are available to anyone who has earned income

III Traditional IRAs are not available to high-earning individuals

IV Roth IRAs are not available to high-earning individuals

A. I and III

B. I and IV

C. II and III

D. II and IV

Answer: B.

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