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
Alika [10]
3 years ago
6

A retirement plan that provides the possibility for tax-free distributions and tax-deferral of earnings until they are distribut

ed is called a:
Business
1 answer:
Amanda [17]3 years ago
5 0

Answer: Roth IRA

Explanation:

A Roth IRA allows a person to contribute income that is already taxed to their retirement account. As the income is already taxed, when it is distributed in retirement, it would be tax free.

People tend to choose this if they feel like taxes would increase in future as opposed to the present and so would like to take advantage and save on taxes.

There are however, restrictions on the amount that can be contributed however and people who earn more than a certain amount per year do not qualify for this retirement plan.

You might be interested in
Joanna and her husband went to have dinner at their favorite restaurant- the Big Bite. They ordered the food, enjoyed the food,
In-s [12.5K]

Answer:

Debtor: Joanna and her husband; Creditor: Resturant

Explanation:

Hope this helps

6 0
2 years ago
While at the first meeting of a new networking group, the leader announces that everyone will be asked to stand and make a few r
Leya [2.2K]

Answer:

I will tell him

chin up

head high

pretend you are speakers to your friends

and ,you will do great

Explanation:

because if he thinks or imagine he is speaking to his friends he will do just fine

6 0
2 years ago
If a 10% decrease in the price of one product that you buy causes an 8% increase in quantity demanded of that product, will anot
Bad White [126]

Answer:

No

Explanation:

to determine if another 10% decrease in the price cause another 8% increase (no more and no less) in quantity demanded, we have to determine the price elasticity of demand.

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

8% / 10% = 0.8

demand in inelastic so a 10% reduction in price would lead to a less than 8% change in quantity demanded  

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

8 0
4 years ago
From an economist's point of view, costs: Consist only of explicit costs. May or may not involve monetary outlays. Never reflect
Mademuasel [1]

Answer:

A

Explanation:

5 0
3 years ago
Assume that Juanita is indifferent between investing in a corporate bond that pays 12.00 percent interest and a stock with no gr
Dennis_Churaev [7]

Answer:

Juanita's marginal tax rate is 42.5%

Explanation:

marginal tax rate = MTR

After tax yield of dividend paying stock is 8.1% * (1-0.15) = 0.069 = 6.9%

The after tax yield of the bond will be 6.9%

Therefore,

6.9% = 12.0% * (1 - MTR)

6.9% = 12.0% - 12.0% *MTR

6.9% - 12.0% = -12.0% * MTR

-0.051 = -0.12*MTR

MTR = 0.051/0.12 = 0.425

MTR = 42.5%

3 0
3 years ago
Other questions:
  • Suppose Congress passes legislation that offers subsidies to orange farmers. The impact on the market for orange juice will be a
    5·1 answer
  • Severe folate deficiency in adolescence can result in:
    5·1 answer
  • The last dividend paid by Klein Company was $1.00. The stock’s dividend growth rate is expected to be a constant 5 percent for 2
    12·1 answer
  • Direct Method, Reciprocal Method, Overhead Rates Macalister Corporation is developing departmental overhead rates based on direc
    6·1 answer
  • Suppose that there are many stocks in the security market and that the characteristics of stocks A and B are given as follows: S
    11·1 answer
  • One of your employees mentions to you that there is an active grapevine in your organization. Which of the following assumptions
    15·1 answer
  • You are doing the first year audit for Sugar and Spice and have been assigned responsibility for doing a four-column proof of ca
    6·1 answer
  • ou currently own 10 percent of the 3.0 million outstanding shares of Webster Mills. The company has just announced a rights offe
    14·1 answer
  • You are saving money for a down payment on a house. Suppose you want to have total savings of $20,000 in 10 years time and you h
    5·1 answer
  • The West Division of Cecchetti Corporation had average operating assets of $240,000 and net operating income of $42,200 in Augus
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!