1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
qwelly [4]
4 years ago
9

Taxpayers contributing to and receiving distributions from a Roth IRA generally earn a before-tax rate of return on their contri

butions equal to their after-tax rate of return.True / False.
Social Studies
1 answer:
Yuri [45]4 years ago
4 0

Answer:

True.

Explanation:

A Roth IRA is an account for retirement savings where an individual can withdraw their retirement savings tax-free. This type of account is similar to the traditional IRA, where the biggest difference is the way they are taxed. Traditional IRA deposits are made with pre-tax dollars, and when you want to withdraw the money when you retire, your amount is deducted from the taxes and you have to pay income tax.

On the other side, Roth IRAs are financed with the after-tax dollars and an individual does not get the deduction from taxes, and once the money is withdrawn, it is tax-free.

Before-tax deduction: When you take money from your income and place it in a retirement account before you deduct your taxes, you reduce the taxable income.

After-tax deduction: When you withdraw your money after you paid your taxes and invest them in your retirement savings account, you have to pay taxes again when you want to withdraw the money from the retirement savings account.

You might be interested in
Question 7 of 10
____ [38]

Answer:

west chester

Explanation:

when west chwester filed the lawsuit about the west street in quatneteen in the last week of paradise month

5 0
3 years ago
Read 2 more answers
When you arrived on scene, you found your patient lying on her stomach. you would report and document that the patient was found
Svet_ta [14]

The answer is prone.

When you arrived on the scene, you found your patient lying on her stomach. you would report and document that the patient was found prone. Regarding body position, prone generally means lying face down, supine means facing up, and prostrate means lying flat, often submissively.

The terms supine and prone are used to describe the body lying down. Supine refers to the body lying on its back (face up), while prone refers to the body lying on its stomach (face down). The prone position is often used to help patients experiencing shortness of breath. Since the start of the coronavirus pandemic, doctors have been using this condition to help patients with severe COVID-19. It can sometimes help patients avoid the need for ventilators. It has also been shown to improve survival rates for patients on ventilators.

Learn more about the prone position:

brainly.com/question/7207484

#SPJ4

6 0
2 years ago
When scientists use the term "Ring of Fire" to what are they referring?
natali 33 [55]

the rim of the Pacific plate where many earthquakes and volcanoes form

8 0
3 years ago
Read 2 more answers
Please help and hurry
Mamont248 [21]

Answer:

The US Congress did not want to support a free-trade agreement.

Explanation:

5 0
4 years ago
The white primary system in Georgia was one in which
lawyer [7]
The white primary system in Georgia was one in which it undergone a primary elections like in the Southern stated of the United States of  America. In this case, since it's white, only white voters are only allowed to vote. This kind of system was established by the Democratic Party after 1890 showing disenfranchisement of black and other minority voters.
3 0
3 years ago
Other questions:
  • The alternative to voting a straight ticket is to vote a
    5·1 answer
  • Which of the following were ways the US economy mobilized for World War II? Select the two correct answers.
    15·1 answer
  • The type that cannot be linked to a particular person or object is known as?
    12·1 answer
  • Her instincts told her the group was heading in a very wrong direction but Natalie didn't want to cause a scene by disagreeing,
    12·1 answer
  • What BEST describes the ethical consideration that comes into play when soliciting referrals from current clients?
    7·1 answer
  • Hitler and the Nazis rose to power in Germany by
    10·1 answer
  • Which statement best describes beinville’s importance in louisiana history?
    8·1 answer
  • How does bribery impacts negatively on individual​
    11·1 answer
  • please help ill give you brainly and 100 points multimedia presintation create a multimideia presintation on the cost of credit
    7·2 answers
  • What's a history word that starts with an o?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!