The following seven questions have been covered in previous columns over the past 12 months. You can find the answers at "Investment Quiz" on our website at www.capitalwealthmngt.com

1. A child who inherits an IRA from a deceased parent cannot roll the IRA into their own IRA accounts.

a) True

b) False

2. A married couple filing jointly can combine their IRA funds into a jointly funded IRA.

a) True

b) False

3. You must begin taking Required Minimum Distributions from a Roth IRA by April 1 of the year after you turn 70 1/2.

a) True

b) False

4. In the event of your death, assets held in IRA accounts will be distributed to your beneficiaries according to your will.

a) True

b) False

5. The minimum age to open a Roth IRA is 16.

a) True

b) False

6. Contributions to a Roth IRA can always be withdrawn anytime, for any reason, tax- and penalty-free before age 59 1/2.

a) True

b) False

7. If you are still working at age 70 1/2, you can make contributions into a Roth IRA but not a Traditional IRA.

a) True

b) False

Martin Krikorian is president of Capital Wealth Management, a registered investment adviser providing "fee-only" investment management services located at 9 Billerica Road, Chelmsford. He is the author of the investment books, "10 Chapters to Having a Successful Investment Portfolio" and the "7 Steps to Becoming a Successful Investor.


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" Martin can be reached at 978-244-9254, Capital Wealth Managements website; www.capitalwealthmngt.com, or via email at info@capitalwealthmngt.com