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Aleks04 [339]
3 years ago
5

What is a major difference between a traditional Individual Retirement Account and a Roth IRA

History
2 answers:
PilotLPTM [1.2K]3 years ago
6 0

Contributions are taxed differently

dimulka [17.4K]3 years ago
3 0

The main difference is when you pay income taxes on the money you put in the plans. with a traditional IRA you pay thee taxes on the back end  that is when you wittdraw the money in retirement. But, in some cases, you may escape taxes on the front end when you put the money into the account.

With a Roth IRA it's the exact opposite. You pay the taxes on the front end, but there are no taxes on the back end

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Who profited from the British Parliament's passing the Hat, Woolen and Molasses acts?
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This is because the Hat, Woolen, and Molasses acts deal with the imposition of taxes on molasses, sugar, and rum imported by the American colonists.

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Hence, in this case, the correct answer is "British West Indies, sugarcane growers"

Learn more here: brainly.com/question/10362850

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What was a cause of the Mexican-American War?
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I really hope i was able to help you. :)

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