IRA Supertrain - Learning Track Assessment

In order to help determine which Learning Track best meets your needs, please read through the following questions. If you know most of the answers, you should sign up for the Expert Track otherwise please consider the Associate Track.

Questions

1. What does IRA stand for?
2. What are the two types of IRAs?
3. Consent of Spouse is important in what types of states?
4. How many documents should a new IRA owner receive?
5. What is the annual contribution limit for 2012?
6. What is the deadline for making an IRA contribution?
7. What is the method to move money between two IRAs of the same type that is not reported to the IRS?
8. What is the penalty tax for removing money from a traditional IRA before reaching age 59½?
9. What are the tax consequences to remove contributions from a Roth IRA?
10. When are traditional IRA owners required to start taking money out of their IRA?

Answers

Go to  Associate Track, Expert Track

Or Return to Choosing your Classes

 

 

 

“I always learn something new!” Kelly LaBrecque – SACO Valley Credit Union