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Which is the best investment option for a person who wants to make a long-term,tax-free investment? A.traditional IRA B.Roth IRA C.401(k) D.money market account
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3 votes
Which is the best investment option for a person who wants to make a long-term,tax-free investment?

A.traditional IRA
B.Roth IRA
C.401(k)
D.money market account

User Hasya
by
7.5k points

2 Answers

4 votes

Answer:

C-401k

Step-by-step explanation:

Plato

User Perfectionist
by
8.7k points
5 votes

Answer:

The Correct Answer is C

Step-by-step explanation:

  • 401 (K) plans are mainly sponsored plans for employers it defined contribution retirement plans. public education and entities are exempted from taxation.
  • 401 (K) plan provides the option for the employer to match the employee contribution.
  • 401 (K) plan is the easiest way for an employee to contribute a portion of his paychecks savings.

User Michaelg
by
8.7k points
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