Question

can someone contribute to both a roth and a traditional ira in the same year? (business insider)
only if you are over the age of 50
yes, and each has its own separate limit
yes, but total contributions cannot exceed the annual limit
no, you can only pick one
question 4
1 pts
ellevest is a good robo advisor for women as its investment algorithm factors in life expectancy. (best robo advisors)
true
false

Explanation:

1. For the first question, IRS rules allow individuals to contribute to both a Roth and a Traditional IRA in the same year, but the combined total of contributions to all IRAs cannot exceed the annual limit.
2. For the second question, Ellevest is known for using life - expectancy and other gender - specific factors in its investment algorithm, making it a good option for women.

Answer:

1. C. yes, but total contributions cannot exceed the annual limit
2. True