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Practice Listening: Select Missing Word ID: #34109 Short IRAs
Instructions ›
You will hear a recording about a topic. At the end of the recording the last word or group of words has been replaced by a beep. Select the correct option to complete the recording.
The difference between Roth and traditional IRAs or workplace 401 (k) plans is that Roth money is tax-free in retirement. Even as the account grows over the years, helped in large part by compound interest, the original contributions can be withdrawn at any time, for any reason, with no taxes or penalties ...
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Option 4: "assessed"

Explanation: The word 'assessed' fits well in the context of the sentence, as it relates to evaluating or considering the contributions made to the Roth IRA. The sentence emphasizes that these contributions can be withdrawn without taxes or penalties, which aligns with the idea of assessing their status.

Option 1: "taken"

Explanation: The word 'taken' does not fit the context of the sentence, which discusses the nature of Roth IRAs. The sentence implies that contributions can be withdrawn without penalties, and 'taken' does not convey the intended meaning of evaluating or considering the contributions.

Option 2: "provided"

Explanation: The term 'provided' suggests a sense of giving or supplying, which does not align with the context of the sentence. The focus is on the ability to withdraw contributions without penalties, rather than on the act of providing them.

Option 3: "discussed"

Explanation: The word 'discussed' implies a conversation or dialogue about the contributions, which is not relevant in this context. The sentence is about the withdrawal of contributions, not about discussing them.

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