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With a Growing Family,Karen and Jeffrey Know They Should Start

Question 81

Multiple Choice

With a growing family,Karen and Jeffrey know they should start investing more to provide for a secure future.Which of the following issues should they consider as they plan?


A) Interest paid on money borrowed to invest is an itemized deduction.
B) Contributions to tax-deferred retirement accounts avoid taxes in the current year and grow tax-free until the time of withdrawal.
C) Qualified dividends and capital gains are taxed at a lower rate than ordinary income.
D) Municipal bond earnings are exempt from federal income tax.
E) All of the above

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