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Which of the following reduces taxes in the year of the transaction? 1. contributions to a Traditional IRA 2. contributions to a Roth IRA 3.

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Which of the following reduces taxes in the year of the transaction? 1. contributions to a Traditional IRA 2. contributions to a Roth IRA 3. purchases of life insurance 4. contributions to a Traditional 401(k) plan 0 1 and 4 O 2 and 4 O 1 only 1 and 2

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