Which of the following is a government incentive with fewer income taxes at retirement?

a
Contribution matching

b
Opt-in program

c
529 plan

d
Traditional IRA

Question

07-12-2021
English

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Which of the following is a government incentive with fewer income taxes at retirement?

a
Contribution matching

b
Opt-in program

c
529 plan

d
Traditional IRA

Sagot :

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jayilych4real jayilych4real · Answer 1 · 2021-12-20T05:12:07-05:00

The answer choice which is a government incentive with fewer income taxes at retirement is:

D. Traditional IRA

According to the given question, we are asked to state the answer choice which is a government incentive with fewer income taxes at retirement.

As a result of this, we can see that the traditional IRA is the correct answer because it is a retirement account that helps the individual to make his savings pre-tax and also see his investment grow without making tax payments.

Therefore, the correct answer is option D

Sagot :

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