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3 years ago

2. Roth retirement funds require you to pay taxes on your investment dollars up-front, while

Business

1 answer:

leonid [27]3 years ago

5 0

Answer:

The Pros and Cons of Roth IRA and the Traditional IRA or 401(K):

Roth IRA is not advantageous to those, who are starting to save late in their career. It favors the younger worker, who is starting out with low-paying jobs at lower-paying tax rates, who will later be earning more.

With Roth IRA, you suffer the tax burden upfront when you are active and while making your contributions, so that you can enjoy your retirement benefits tax-free. This is why the younger worker benefits more. In the prime of life with little responsibilities, you can settle the taxman so that you can be free of him later in older age. But, if you are in the high tax bracket, this category is not funny for you, anyway. The IRS has an income limit for this category, therefore, you must go for the traditional IRA.

The traditional IRA saves you the tax burden initially, but you can never be free of the IRS. It must take its share later, having allowed you to enjoy tax-free contributions. When the net is filled, the IRS cuts its percentage off.

You will never feel bad then, because your tax rate will surely be reduced in comparison with when you are making the contributions. So, it is just and right to allow the IRS, who generously helped you to grow the nest in the first place to take its just and lawful cut. It does not bleed too much then, afterall you are drying up with life's responsibilities, including reduced tax bracket, and many of your children have started answering to the IRS independently. This is the better time to deal with IRS, anyway.

Explanation:

The question has the explanation: ROTH IRAs are retirement funds that allow you to pay taxes on your investments into retirement funds as you are making the contributions, so that you are free to make your withdrawals after at least 5 years without paying additional taxes.

The traditional IRAs or the 401(K) encourage you to make your retirement contributions without paying taxes on them so that you can contribute more. Then the IRS will bounce on you to pay the taxes when you are making withdrawals having grown the investments.

IRAs mean Individual Retirement Accounts which individuals use to save and accumulate their retirement funds.

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Answer:

1. Work Environment.

2. Salary and Benefits.

3. Aptitudes and Abilities.

4. Education and Training.

5. Tasks and Responsibilities.

6. Work Hours.

7. Values.

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9. International Career Outlook.

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3 years ago

A buyer failed to take advantage of the vendor's credit terms of 2/10, n/45, but instead paid the invoice in full at the end of

Neko [114]

Answer: 20.86%

Explanation: From the question, the credit term is 2/10, n/45. Which means that the customer gets a 2% discount if payment is made within 10 days. But the customer did not make use of this offer. The equivalent annual Interest lost on the amount of purchases is :

365/ (45-10) * 0.02 = 365/35*2%

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This is calculated using 365 days in a year.

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3 years ago

One challenge faced by organizations is the need to focus on consumer needs while also ________ the interests of countless other

Hitman42 [59]

One challenge faced by organizations is the need to focus on consumer needs while also striking a balance among the interests of countless other people, groups, and forces that interact to shape the nature of their actions.

<h3>What does it mean to strike a balance?</h3>

It is to have equal importance, it is a condition in which different things occurring have an equal or proper amount of importance.

An organization striking a balance is trying to do everything possible to meet people's demands and also overcoming various challenges that may want to influence it.

Therefore, One challenge faced by organizations is the need to focus on consumer needs while also striking a balance among the interests of countless other people, groups, and forces that interact to shape the nature of their actions.

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3 years ago

In the context of choosing an appropriate advertising media, at present the brands that cater to the older generations are not s

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Thepotemich [5.8K]

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