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IRA, 401(k), 403(b), and Keogh Plans

Question 8

Multiple Choice

IRA, 401(k) , 403(b) , and Keogh plans:


A) encourage saving while limiting tax liabilities.
B) place no limits on the amount that individuals can deposit in these accounts.
C) impose added taxes on those who save.
D) are never taxed.

Correct Answer:

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