1. Is the money you put in a Roth IRA pre-tax or post-tax?
A) Pre-tax
B) Post-tax
C) None of the above
Answer: Roth contributions are never...2. A 529 plan is:
A) A way to make tax-deductible contributions for college savings
B) A college...3. What is a flexible spending account?
A) A tax-exempt savings account exclusively for health benefits
B) A tax-exempt savings...4. If you foster a pet from a nonprofit charitable organization, can you claim a tax deduction?
A) Yes, but you can only write off certain items like food, shelter and medical...5. If you lend money to a friend and she doesn’t pay you back, can you write it off?
A) Yes, you can write off the entire loan.
B) Under certain circumstances, it can be...
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