1. An IRA with a bank with the funds deposited in a variable-rate account.2. A self-directed Keogh account with a major brokerage firm.3. A Keogh account with a major mutual fund.4. An account with a brokerage firm to accumulate common stocks with substantial growth potential but little current income. How would you reply to each question? Which course(s) of action would you suggest that she pursue? Finally how would each of the following alter your advice? 1. Avoletta has a record of poor health. 2. Avoletta would like to write less and perhaps teach creative writing at a local college.3. Avoletta has expensive tastes and finds saving to be difficult.