Quiz: Test Your IRA Contribution IQ
Test your basic knowledge of traditional and Roth contribution rules in our quick quiz.
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Individual Retirement Accounts (IRAs) are the foundation of tax-advantaged retirement savings, offering every worker the chance to build wealth outside of a workplace retirement plan. But knowing whether to choose a Traditional IRA (tax break now) or a Roth IRA (tax-free in retirement) requires understanding the crucial differences in contribution limits, income phase-outs, and withdrawal rules.
This 10-question True/False quiz covers the essential facts you need to maximize your annual contributions and avoid costly mistakes. Don't worry if you miss an answer; you can follow the links below the quiz to brush up on your knowledge.
More on IRAs, from the Kiplinger team:
- 6 Changes to IRAs, 401(k)s and HSAs in 2026
- The Average Retirement Savings by Age
- Roth IRAs: What They Are and How They Work
- IRA Conversion to Roth: Rules to Convert an IRA or 401(k) to a Roth IRA
- Roth IRA Contribution Limits for 2026
- SEP IRA Contribution Limits for 2026
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