Which of the following is a tax-preferred retirement savings vehicle primarily for low- and middle-income taxpayers in which the taxpayers make after-tax contributions but then make tax-free withdrawals later in life?

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The Roth IRA is a tax-preferred retirement savings vehicle primarily for low- and middle-income taxpayers. Taxpayers make after-tax contributions but then make tax-free withdrawals later in life. The other options listed (defined contribution pension plan, Keogh account, and 401(k) account) have different tax treatments and may not be primarily targeted at low- and middle-income taxpayers.

Which of the Following Is a Tax-Preferred Retirement Savings Vehicle