You can make investments on a ________ basis,which means that not only does your investment grow free of taxes,but the money you invest isn't taxed until you liquidate your investment.
A)tax-eliminated
B)progressive tax
C)tax-deferred
D)asset management

Question

Quizplus · Accepted Answer

Tax-deferred investments allow your investment to grow without taxes being taken out along the way. This means that your investment can compound more quickly since you're earning returns on the full amount of money you've invested. In addition, you don't have to pay taxes on the money you've invested until you sell your investment, which can help you save on taxes in the long run. Examples of tax-deferred investments include 401(k) plans and traditional IRAs.

You Can Make Investments on a ________ Basis,which Means That