Answered step by step
Verified Expert Solution
Question
1 Approved Answer
**Question 68 A major advantage of having and investing in a ROTH IRA is that: Group of answer choices the earnings you make each year
**Question 68
A major advantage of having and investing in a ROTH IRA is that:
Group of answer choices
the earnings you make each year are taxed at a lower rate.
the earnings you make are tax free.
you can deduct the money contributed to the IRA from your earned income when filing taxes
whatever money you put in the ROTH will grow twice as fast compared to other investments
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started