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← Lesson
How to Invest Your First $100
Question 1 of 7
Multiple choice
Why can a Roth IRA be useful for a teen who has taxable compensation?
It has the highest contribution limits of any account type
Qualified distributions can be tax-free, subject to eligibility, contribution, and distribution rules
It requires no earned income and is available to everyone
The government adds a match to Roth IRA contributions
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