Business, 28.02.2020 19:18 maxgeacryne5573

Tommy is 58-year-old and has operated his Roth IRA account for 7 years. He intends to retire at 60. Exactly six months ago, he withdrew 23 of his Roth IRA balance and invested in the stocks of a company that just filed for bankruptcy. He wants a steady income when he is retired. What retirement plan is best for Tommy?

another Roth IRA
an annuity
a traditional IRA
mutual funds

Answers: 3

Other questions on the subject: Business

Business, 21.06.2019 18:30, steloiryancy
Which of the following is located at the point where the supply and demand curves intersect? a. the equilibrium price. b. the minimum supply. c. the level of efficient production. d. the maximum demand. 2b2t
Answers: 1
Business, 22.06.2019 01:00, fatty18
In order to gauge public opinion about how to handle iran's growing nuclear program, a research group surveyed 1010 americans by telephone and asked them to rate the threat iran's nuclear program poses to the world on a scale of 1 to 10. describe the population, sample, population parameters, and sample statistics. identify the population in the given problem. choose the correct answer below.
Answers: 2
Business, 22.06.2019 08:40, raffigi
Which of the following statements is true regarding the reporting of outside interests and the management of conflicts? investigators are responsible for developing their own management plans for significant financial interests. the institution must report identified financial conflicts of interest to the u. s. office of research integrity. investigators must disclose their significant financial interests related to their institutional responsibilities and not just those related to a particular project. investigators must disclose all of their financial interests regardless of whether they are related to a research project.
Answers: 3
Business, 22.06.2019 17:30, levicorey846
Costco wholesale corporation operates membership warehouses selling food, appliances, consumer electronics, apparel and other household goods at 471 locations across the u. s. as well as in canada, mexico and puerto rico. as of its fiscal year-end 2005, costco had approximately 21.2 million members. selected fiscal-year information from the company's balance sheets follows. ($ millions). selected balance sheet data 2005 2004 merchandise inventories $4,015 $3,644 deferred membership income (liability) 501 454 (a) during fiscal 2005, costco collected $1,120 cash for membership fees. use the financial statement effectstemplate to record the cash collected for membership fees. (b) in 2005, costco recorded $46,347 million in merchandise costs (that is, cost of goods sold). record thistransaction in the financial statement effects template. (c) determine the value of merchandise that costco purchased during fiscal-year 2005. use the financial statementeffects template to record these merchandise purchases. assume all of costco's purchases are on credit.
Answers: 3
You know the right answer?
Tommy is 58-year-old and has operated his Roth IRA account for 7 years. He intends to retire at 60....

Questions in other subjects: