#1
Which retirement account allows for tax-deferred growth of investments?
#2
Which insurance product provides a tax-free death benefit to beneficiaries?
#3
Which retirement account is specifically designed for self-employed individuals or small business owners?
#4
Which insurance product offers coverage for a specified period and does not accumulate cash value?
#5
Which insurance product offers a death benefit and a cash value component that can grow over time?
#6
What is the penalty for early withdrawal from a traditional IRA before the age of 59½?
#7
What is the maximum annual contribution limit for a Roth IRA in 2024?
#8
What is the penalty for early withdrawal from a Roth IRA earnings before the age of 59½?
#9
Which insurance product offers both a death benefit and an investment component?
#10
At what age can you start taking penalty-free withdrawals from a traditional IRA?
#11
Which insurance product allows policyholders to invest premiums in various investment options?
#12
Which of the following retirement accounts does not require mandatory minimum distributions (RMDs) starting at age 72?
#13
Which retirement account allows for contributions made with pre-tax dollars but withdrawals are taxed as ordinary income?
#14
Which retirement account is not subject to income restrictions for contributions?
#15
What is the primary advantage of a Roth IRA over a traditional IRA?
#16