Which statements are true regarding a traditional individual retirement account? Choose three answers.Employers create them and match employee contributions. People can contribute to the account until retirement age. People can withdraw money penalty-free at any time.Contributions to the account are limited each year. Contributions reduce taxable income.
A
Employers create them and match employee contributions.B
People can contribute to the account until retirement age.C
People can withdraw money penalty-free at any time.D
Contributions to the account are limited each year.E
Contributions reduce taxable income.