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OverLord2011 [107]
3 years ago
7

Which statement describes the effect of taxes on a traditional 401(k) retirement account?

Business
2 answers:
kipiarov [429]3 years ago
6 0

Answer:

C. A traditional 401(k) is tax deferred because the income earned isn’t taxed until the money is withdrawn.

Explanation:

PLATO

Inga [223]3 years ago
3 0

Answer:

C.

A traditional 401(k) is tax deferred because the income earned isn't taxed until the money is withdrawn.

Explanation:

There are two types of 401 k plans: traditional 401k and Roth 401k plans. The difference is the way there are taxed.

The traditional 401k plan is an employer-sponsored retirement scheme.  The employer withholds the employee contributions and remits the funds to the employee's 401k savings account. The amount deducted as the employee contribution is not subject to taxation at that point. Contributions to 401k plans reduce the employee's taxable income.

The amounts saved in a 401k plan are invested and generate income. Employees are not expected to pay taxes on the income generated every financial period. All taxes are deferred until the time of withdrawal.

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Select the TWO True statements about the Selection of Distribution Channels:
sladkih [1.3K]

There are different kinds of distribution channels. The True statements about the Selection of Distribution Channels are:

  • Product price has no effect on the length of a distribution channel.

  • The geographic location of customers does not require different distribution channels

The channel of distribution are classified based on:

  • The Nature of the Product
  • The Nature of the market
  • The Nature of Middlemen
  • The nature and size of the manufacturing etc.

The channel of distribution is also known as marketing channel. They are simply known as different types of interdependent organizations that are engaged in the process of making a product or service available for use or consumption.

Learn more about Distribution channels from

brainly.com/question/25736500

7 0
3 years ago
Barriers to entry into a market come in many forms. Which lists some of the usual barriers to entry?
Andrew [12]

Answer:c

Explanation:

took the test trust

4 0
2 years ago
When working with a client who has COPD (stable and medically cleared for exercise) and likes swimming, you should recommend the
ANEK [815]

Answer:

You should recommend that they swim:

a. 3 days per week

b. High intensity

Explanation:

The full meaning of COPD is Chronic Obstructive Pulmonary Disease. It is a disease that affects the lungs of a person and makes it very hard for that person to breathe.

We have 4 stages of COPD

a. Stage 1: Mild COPD

b. Stage 2: Moderate COPD

c. Stage 3: Severe COPD

d. Stage 4: Very Severe COPD

Symptoms of COPD include coughing, production of mucus during coughing, difficulty in breathing.

7 0
4 years ago
The viewpoint that business should be privately controlled and not controlled by the government is a perspective of a ________ e
natali 33 [55]

Answer:

The viewpoint that business should be privately controlled and not controlled by the government is a perspective of a ____capitalist____ economy.

Explanation:

For example, the US economy provides a good example of a capitalist economy.  A capitalist or market economy is also known as capitalism.  It is an economic system whereby private individuals or businesses own capital goods or means of production. Therefore, the production of goods and services is based on the market forces of supply and demand.  Since individuals and firms fix prices of and decide what goods and services to produce, rather than through central planning by the government, it is also known as a market economy.  The opposite is called a command economy, characterized by central government planning.

6 0
3 years ago
The table shows the balance of an Investment account at the beginning of each year the account was held. Assuming that no other
Jet001 [13]

Answer:

B.

The account is growing exponentially at an annual Interest rate of 4.00%.

Explanation:

Exponential growth is a fast or an accelerated growth rate. The quantity increasing or population size increases over time. The size of an investment grows by a bigger margin every period. If x is the size of growth at the end of every period, then the size of x increases every year.

In this scenario, the growth rate of $200.00, $208.00, and $216.32, meaning the growth rate is $8.00 and $8.32.  the growth rate = 8/200 x 100 = 4% and $8.32/208 x 208= $4%. The growth rate is at an increasing rate.

Linear growth is slow and steady growth. It represents a constant growth rate despite the size of the investment. If x is the growth rate, then the size x  remains constant throughout the life of an investment.

6 0
3 years ago
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