Business

Louis Bautista

18 May, 10:38

Tommy is 58-year-old and has operated his Roth IRA account for 7 years. He intends to retire at 60. Exactly six months ago, he withdrew 23 of his Roth IRA balance and invested in the stocks of a company that just filed for bankruptcy. He wants a steady income when he is retired. What retirement plan is best for Tommy?

another Roth IRA

an annuity

a traditional IRA

mutual funds

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