Q5. Based on the chapter content, what type of account is likely most appropriate for each client situation? Choose one only for each (assume all clients have room available in each account). Support your choice with a brief explanation: Client in in mid-career, a high tax bracket, no pension, saving for retirement Client in late-career, will receive DB pension, expected to work part-time in retirement, has excess money to invest Client's have a new born child and would like to save for their education Client is self employed and earns a high income, saving money for their tax liability in the following year, but would like to earn at least some interest . . Q5. Based on the chapter content, what type of account is likely most appropriate for each client situation? Choose one only for each (assume all clients have room available in each account). Support your choice with a brief explanation: Client in in mid-career, a high tax bracket, no pension, saving for retirement Client in late-career, will receive DB pension, expected to work part-time in retirement, has excess money to invest Client's have a new born child and would like to save for their education Client is self employed and earns a high income, saving money for their tax liability in the following year, but would like to earn at least some interest