Which one of the following statements concerning Roth IRAs is correct? Group of answer choices...
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Accounting
Which one of the following statements concerning Roth IRAs is correct?
Group of answer choices
A distribution from a Roth IRA is treated as first made from contributions (return of capital).
The maximum contribution to a Roth IRA is limited to $5,000, for 2021.
An individual cannot make contributions to a Roth IRA and a traditional IRA during the same tax year.
A contribution to a Roth IRA must be made by the due date for filing the individuals tax return for the year (including extensions).
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