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VMariaS [17]
1 year ago
5

saver's credits are awarded for contributions to both qualified and nonqualified retirement accounts. group starts true or false

Business
1 answer:
Lapatulllka [165]1 year ago
3 0

The statement Saver's credits are awarded for contributions to both qualified and nonqualified retirement accounts is false.

<h3>What is saver's credits?</h3>

Saver's credits can be defined as a form of  tax benefit that is given  an employee that has a individual retirement account (IRA) in which  both the employer and employee pay a certain amount of money into the IRA.

This statement is false because  Saver's credits are awarded for contributions to  qualified individual  retirement accounts.

Therefore the statement is false.

Learn more about saver's credits  here:brainly.com/question/25509749

#SPJ1

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