In the Pension Model,the initial investment is deductible or excludible from gross income,and investment earnings are taxed currently.

Name: In the Pension Model,the initial investment is deductible or excludible from gross income,and investment earnings are taxed currently.
Brand: Quizplus
Rating: 4.9 (31 reviews)

Question

Quizplus · Accepted Answer

In the Pension Model, the initial investment is typically not taxed when contributed, and investment earnings are not taxed currently; instead, taxes are deferred until withdrawal.

In the Pension Model,the Initial Investment Is Deductible or Excludible