Self-Directed IRA Alternative Investment Transactional Mastery Quiz 1
0 of 5 questions completed
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
0 of 5 questions answered correctly
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
In order to advance to the next Lesson an 80% score or higher is required. If you did not get 80% please review your course materials and adjustments before taking the quiz again.
Question 1 of 5
Regular IRA accounts can be set up through which of the following entities?CorrectIncorrect
Question 2 of 5
If an IRA account holder takes money out of the account before turning age _____, they may also be subject to an additional 10% “early withdrawal” penalty from the IRS (Internal Revenue Service).CorrectIncorrect
Question 3 of 5
Which type of IRA account allows tax-free withdrawals?CorrectIncorrect
Question 4 of 5
John, age 55, is single and earns $50,000. He has both a traditional and a Roth IRA account set up through his financial advisor. What is the maximum amount of contribution John can make in 2017?CorrectIncorrect
Question 5 of 5
True or False: In general, self directed IRA accounts are quite similar in structure to regular traditional and Roth IRAs.CorrectIncorrect