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In the Deferred Model, Group of answer choices the initial investment is deductible or excludable from gross income, and the investment earnings are taxed at

In the Deferred Model,

Group of answer choices

the initial investment is deductible or excludable from gross income, and the investment earnings are taxed at the end of the investment period.

investment earnings are taxed currently.

investment earnings are taxed at the end of the investment period.

investment earnings are exempt from explicit taxation.

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