TOOLS & TECHNIQUES OF LIFE INSURANCE PLANNING
5.5 Borrowing from an IRA. a. is treated as an early withdrawal. b. requires use of a written loan agreement. c. reduces the deductible employee contribution amount. d. causes an insufficient withdrawal penalty. e. is not allowed. Answer: E [p. 53] 5.6 A traditional IRA. a. allows a couple to set aside money for retirement even if one spouse is ... ................
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