Which type of pension trust service includes tax-deferred funds that wage earners and their spouses can use to supplement their retirement funds?
A) Trust services
B) Securities investment deals
C) Pension funds
D) Individual retirement accounts (IRAs)
E) Savings

Question

Quizplus · Accepted Answer

Individual retirement accounts (IRAs) include tax-deferred funds that wage earners and their spouses can use to supplement their retirement funds. Pension trusts and pension funds are specific types of retirement plans, but they may not necessarily include IRAs. Trust services and securities investment deals are broader categories that may include retirement planning, but they do not necessarily focus on IRAs specifically. Savings can also be used to supplement retirement funds but are not tax-deferred like IRAs.

Which Type of Pension Trust Service Includes Tax-Deferred Funds That