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5 votes
_____allows you to save for retirement while you defer paying taxes on your eanings.

2 Answers

6 votes

Answer:Saving for retirement can qualify you for several different types of tax breaks. Some retirement accounts allow you to defer paying income tax on your retirement savings, while others help you avoid paying tax on any of the investment gains you accrue. ... Contributions to a Roth IRA won't get you an immediate tax break.

Step-by-step explanation:

: Retirement and Savings Plans. ... to its employees, which allows employees to set aside tax-deferred income for ... Money that is working for you, either tax deferred or tax free, within a retirement plan .... You should always _____ over your retirement plans to an IRA when you leave the company.

User Vova
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5.3k points
5 votes

Answer:

401K

Step-by-step explanation:

Saving for retirement can qualify you for several different types of tax breaks. Some retirement accounts allow you to defer paying income tax on your retirement savings, while others help you avoid paying tax on any of the investment gains you accrue. ... Contributions to a Roth IRA won't get you an immediate tax break.

Not short and sweet but the answer is above

User Walnut
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