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trasher [3.6K]
3 years ago
13

what is the purpose of tax deferred retirement accounts? a. to encourage consumers to invest money before it is taxed b. to leve

l high taxes on a consumer at retirement age c. to collect taxes during retirement at higher rates d. to trick consumers into investments that will incur fines and penalties
Social Studies
2 answers:
AnnZ [28]3 years ago
6 0
Answer : A) To encourage consumers to invest money before it is taxed

P.S. Love your Profile picture!!
zysi [14]3 years ago
6 0

The answer is:  A) To encourage consumers to invest money before it is taxed

Tax deferred retirement account would make the amount of money that you earn during your productive age to be allocated into investment for your old age without deductions form the government. Government created this account to encourage people to save since young age in order to minimize the amount of federal fund that should be allocated for citizens in older years.

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When the owner of a $250,000 life insurance policy died, the beneficiary decided to leave the proceeds of the policy with the in
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If at the time of withdrawal the interest paid was $11,000, the beneficiary would be required to pay income tax on the same amount of $11,000.

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The Interest Settlement Option is usually for people who don't need much money or the remedies which the Insurance Cover provides.

Sometimes they defer payment of the proceeds and collect interest on the same whilst they decide on what do do with the money.

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Cheers!

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3 years ago
Name two actions that William Lloyd Garrison took to oppose slavery.
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In 1830 he started an abolitionist paper, The Liberator. In 1832 he helped form the New England Antislavery Society. When the Civil War broke out, he continued to blast the Constitution as a pro-slavery document. When the civil war ended, he at last saw the abolition of slavery.^-^

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3 years ago
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Miguel has spent years being concerned about his health even though he has no symptoms or pain. Several years ago, he read an ar
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5 0
3 years ago
Under the equal-field system, the Tang government ______________.
olga55 [171]

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Answer is A. Allotted land according to the land's fertility and the recipients' need.

Explanation:

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It was recorded that the tenure of the Tang dynasty was between 618 - 907 CE.

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3 years ago
Why did French authorities stop importing slaves into Louisiana in the first half of the eighteenth century?
sasho [114]

Answer:

<h3>French authorities stopped importing slaves into Louisiana as slaves started to outnumber the French colonists and numerous revolts were attempted against them.</h3><h3 />

Explanation:

The French started importing slaves to Louisiana only during the beginning of the 18th century. Until the 18th century, no official records of slaves were found in Louisiana.

By the first half of the 18th century, thousands of slaves were already imported and sold to slave owners.The efforts to enslave the natives as well as the slaves imported from Africa, however, proved futile for the French colonists.

The French authorities had to stop importing slaves into Louisiana as slaves started to outnumber French colonists. Numerous revolts took place where the slaves and the natives joined forces against the French colonists. The failure of the French diplomacy in land and agricultural trade with the natives also led to the Natchez revolt of 1729 which had a great impact on the administration of the French company.

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3 years ago
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