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Please match the following: An individual retirement account allowing a person to set a. Roth IRA aside after-tax income up to a specified amount each
Please match the following:
An individual retirement account allowing a person to set a. Roth IRA aside after-tax income up to a specified amount each year. Both earnings on the account and withdrawals after age 5942 b. 401(k) plan are tax-free. c. Traditional IRA Allows individuals to direct pretax income towards investments that can grow tax-deferred; no capital gains or dividend income is taxed until it is withdrawn. An employer-sponsored retirement plan that allows money to grow tax deferred, until the money is withdrawn in retirementStep by Step Solution
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