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JamesLu JamesLu
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6 years ago
Which of the following statements regarding individual retirement accounts (IRAs) is (are) true?
I.   If an individual's only income during the year is from investments, he or she cannot make an IRA contribution. 
II.   The funds in the IRA can be used to purchase life insurance on the owner.
A) I only
B) II only
C) both I and II
D) neither I nor II
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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ownzore3ownzore3
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6 years ago
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JamesLu Author
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#2
6 years ago
Thank you
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