Question

Which of the following is a retirement plan sponsored by an employer that
allows employees to set aside money for retirement where individuals pay
taxes on money contributed, but not on the money withdrawn?
O A. Roth 401(k)
OB. 401(k)
O C. IRA
O D. Roth IRA

Answer 1

Answer:

i think the answer is c.

Step-by-step explanation:

Answer 2

When the individual pays  taxes on money contributed, but not on the money withdrawn the retirement plan is Roth 401(k).

What is retirement?

Retirement is a time when a person that has been actively engaged in the workforce ceases to work for the rest of his/her life due to advanced age. Many organizations have a set age at which employees retire.

The retirement plan sponsored by an employer that allows employees to set aside money for retirement where individuals pay taxes on money contributed, but not on the money withdrawn is  Roth 401(k).

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