Question

Determine the most advantageous retirement plan for each situation. Drag each description to the correct location on the table.

Juan expects to be in a higher tax bracket upon retiring.

Sadie wants to have higher take-home pay during her working years.

Jerome wants to contribute to his plan with pretax dollars.

Alexis wants withdrawals during retirement to be tax exempt.

Answer 1

Traditional IRA

-> Sadie wants to have higher take-home pay during her working years

-> Jerome wants to contribute to his plan with pretax dollars

Roth IRA

-> Alexis wants withdrawals during retirement to be tax exempt

-> Jaun expects to be in a higher tax bracket upon retiring

Answer 2

Traditional IRA-

Sadie wants to have higher take-home pay during her working years. Jerome wants to contribute to his plan with pretax dollars.

Roth IRA-

Alexis wants withdrawals during retirement to be tax exempt.

Juan expects to be in a higher tax bracket upon retiring.

Step-by-step explanation: