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Describe how employer-sponsored retirement plans work in general. In an employer-sponsored retirement plan, a) the money can be invested in any type of investment account
Describe how employer-sponsored retirement plans work in general.
In an employer-sponsored retirement plan,
a) the money can be invested in any type of investment account chosen by the employee
b) the money is taxed at the capital gains tax rate
c) the money is taxed when the contribution is made
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