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The traditional IRA is a) a non-tax-deferred retirement account b) a means to increase current income c) a tax-deferred retirement account d) a means to

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The traditional IRA is a) a non-tax-deferred retirement account b) a means to increase current income c) a tax-deferred retirement account d) a means to generate tax-free income Question 7 (Mandatory) (4 points) A 401(k) plan is a a) dividend or interest enhancement plan b) tax-deferred retirement plan c) plan to increase current tax-exempt income d) savings plan for the retired

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