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seraphim [82]
2 years ago
14

Investors can postpone or avoid income taxes by investing through individual retirement accounts.

Business
1 answer:
kkurt [141]2 years ago
7 0

True. Investors can postpone or avoid income tax by investing through individual retirement accounts. Tax-deferred and tax-exempt retirement accounts are two most popular options for lowering tax obligations. Both forms of retirement accounts reduce total amount of taxes a person will pay throughout their lifetime.

Immediate tax deductions up to the full amount of contribution in tax-deferred accounts is allowed. Money in account continues to grow tax-free. Instead of offering tax reductions on donations, tax-exempt accounts offer future tax benefits.

Tax is not applied to retirement accounts. Maximizing contributions to both types of accounts can be the best tax-savings plan.


To learn more about account, click here

brainly.com/question/14526783?

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3 years ago
give an example of a fairly major purchasing decision you've made in your lifetime. how did you justify the purchase? How did yo
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In the late 1950s and 1960s, television Westerns were extremely popular and included Gunsmoke, Bonanza, Wagon Train, and The Big
notsponge [240]

Answer: (C) Decline  

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The decline stage basically demonstrating about the decrease sales and also the profit of the products in an organization.

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7 0
3 years ago
Which of the following equations is true? Select one: a. Contribution margin = Sales revenue × Variable cost ratio b. Contributi
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The formula is,

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5 0
3 years ago
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Shalnov [3]

Answer:

Publicizing Voting Records and Publishing Research.

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