60.1k views
5 votes
A(n) _ _ is a plan that enables workers and their spouses to set aside money for retirement.

a. annuity investment plan (AIP)
c. individual retirement account (IRA)
b. individual profit option (IPO)
d. office retirement plan (ORP)

1 Answer

4 votes
An Individual Retirement Account (IRA) is a plan that enables workers and their spouses to set aside money for retirement.

A Roth IRA is an IRA whose contributions are not tax deductible. However, its accumulated earnings are free of tax.


User Thotruong
by
7.5k points