What is a Traditional IRA account, and why is it beneficial for people to have one? Group of answer choices A savings account with no tax advantages; it helps individuals earn higher interest rates. A short-term investment vehicle with high-risk and high-reward opportunities. A checking account designed for daily expenses with no impact on taxes. A retirement account where contributions are tax-deductible, providing potential tax savings.Which of the following is NOT one of the reasons for the rise in shared housing among older people? Group of answer choices Widowed older men are an increasing share of the older population. Minorities are more likely to share housing compared to whites and minorities are a growing share of the older population. Sharing rent and utilities allow older people to remain independent longer. Rising housing costs. Children live with or near their parents before they reach age 25