Retirements plans are set up so taxpayers, who are currently being taxed at higher rates during their working career, can put some of their current earnings into a retirement account and escape the current high tax on those earning. Then, when the taxpayer retires and they are paying lower tax rates, the taxpayer can withdraw those earnings and pay a lower tax. This is a common tax planning strategy. Which category of tax planning strategy does the LEGAL retirement planning fall?

Multiple choice

A. Conversion Strategies

B. Income shifting strategies

C. Evasion strategies

D.Timing strategies