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17 August, 04:59

Which of the following retirement plans offer tax benefits? A) IRA B) 401 C) 403 D) Both B & C E) All of the above

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  1. 17 August, 05:02
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    The answer is E) All of the above
  2. 17 August, 05:20
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    The correct answer is:

    E) All of the above

    Explanation:

    For an IRA, contributions are usually made with pre-tax dollars, and you don't pay taxes until you withdraw money. You may also be able to deduct the amount you contribute to a traditional IRA.

    For a 401 (k), contributions are usually made with pre-tax dollars, and you don't pay taxes until you withdraw funds.

    For a 403 (b), contributions may be made with pre-tax dollars and income from investments is tax-free until you withdraw funds.
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