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Topic: Traditional IRA vs. Roth IRA Both nondeductible contributions to a traditional IRA and contributions to a Roth IRA are similar in the sense that

image text in transcribed Topic: Traditional IRA vs. Roth IRA Both nondeductible contributions to a traditional IRA and contributions to a Roth IRA are similar in the sense that neither provides a tax deduction at the date of contribution. Which of the two types would be most advantageous to taxpayers and why? Your client is about to establish his own business and hires at least 10 employees. He asks you for advice concerning establishing a qualified versus a non-qualified retirement plan. What do you advise your client? Would your answer change if you were a potential employee? Why or why not? Return to Unit 7 Discussion Instructions Rubrics 20pt_SBIT_integrated_discussion_rubric

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