mclifton11 mclifton11
  • 24-03-2017
  • Business
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What is the purpose of tax-deferred retirement accounts?

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loreenfernandez
loreenfernandez loreenfernandez
  • 24-03-2017
Allows individuals to set up a retirement account at financial institutions to save money for retirement. Usually has a tax free growth or tax deferred basis.

Is this free answer or is there a multiple choice?
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edwardssamantha2001 edwardssamantha2001
  • 10-07-2022

Answer:

A. to encourage consumers to invest money before it is taxed

Explanation:

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