Question 18 (1 point) In the context of investing for retirement, which of the following statements is true of 457 plans? They offer 50 percent tax deduction on a person's income. They are offered to employees of private-sector businesses. They allow an employee to enjoy tax-free earnings. They are primarily for state and local government employees. Question 19 (1 point) Which of the following statements is true of employees who choose the Roth version of employee payroll- deduction retirement plans? Their incomes are tax deductible, and the earnings on these investments are tax deferred. They pay taxes on the income they contribute, but earnings on these contributions are tax exempt. They must pay taxes on funds distributed from their fund when they make withdrawals. Their incomes are tax-free, but withdrawals are subject to state taxes.