An IRA is commonly used as
A- a tax sheltered tool to investment for retirement
B- a taxed investment account
C- a government tax system
D- a savings bond buying website

Answers

Answer 1

Answer:

An IRA is commonly used as  a tax sheltered tool to investment for retirement

Choice A

Explanation:

An individual retirement account (IRA) is a tax-sheltered investing tool for retirement savings. There are several types of IRAs: we have the traditional IRAs, Roth IRAs, SIMPLE IRAs, and SEP IRAs.

Answer 2

The correct answer is A- a tax-sheltered tool for investment for retirement.

An Individual Retirement Account (IRA) is a tax-advantaged investment tool designed to encourage people to save for retirement. Contributions to traditional IRAs may be tax-deductible, and earnings within the IRA are not taxed until the funds are withdrawn, typically after retirement. This allows the investments to grow tax-deferred, which can significantly increase the compounded returns over time. Roth IRAs, another type of IRA, are funded with after-tax dollars, but qualified withdrawals are tax-free, including both contributions and earnings.

Option B is incorrect because an IRA is not simply a taxed investment account. While traditional IRA withdrawals are taxed, the account provides significant tax advantages that a regular investment account does not.

Option C is incorrect because an IRA is not a government tax system. It is a personal savings plan that offers specific tax benefits for retirement savings.

Option D is incorrect because an IRA is not a website for buying savings bonds. It is an investment account that can hold various types of investments, including stocks, bonds, mutual funds, and savings bonds, among others.

Therefore, the most accurate description of an IRA is as a tax-sheltered tool for investment for retirement.


Related Questions

which statement describes a cause of the cold war?

A. Americans joined NATO
B. Sovietd began promoting capitalism
c. Westerns feared soviet world domination
D. South korea invaded north korea​

Answers

C. They did almost everything they could to try and stop communist spread. Thus causing the proxy war we know as the cold war

A cause of the cold war Option C. Westerns feared soviet world domination

Soviets feared that Western promotion of capitalism could pose a threat to their idea of socialism. They grew hostile and intolerant towards Western capitalistic ideology and practice. Consequently, this ideological difference between the two superpowers contributed to the rise of the Cold War.

What were the main causes of the Cold War essay?

The Cold War was caused by the social climate and tension in Europe at the end of World War II and by the increasing power battles between the Soviet Union. Economic partition between the Soviets and the west also aggravated tensions, along with the threat of nuclear war.

Which country caused the Cold War?

The United States and the Soviet Union both donated to the rise of the Cold War. They were romantic nation-states with incompatible and mutually complete ideologies. The founding goal of the Soviet Union was global domination, and it actively pursued the collapse of the United States and its allies.

What are the causes of the fall of Cold War?

The Cold War came to an end when the last war of Soviet occupation completed in Afghanistan, the Berlin Wall came down in Germany, a sequence of mostly peaceful revolutions swept the Soviet Bloc states of eastern Europe in 1989, and the Soviet Union collapsed and formally disbanded itself from existence in 1991.

Why is it named the Cold War?

As World War II was ending, the Cold War began. This was to be a long-lasting and persisting conflict between the Soviet Union and the United States, lasting from 1945 to 1989. It was called the Cold War because neither the Soviet Union nor the United States officially announced war on each other.

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Which statement best describes the social and political costs of building a large courthouse instead of a small one?

Answers

Answer:

the correct option is C

Building a large courthouse may take longer, and voters could become dissatisfied

Explanation:

In a system where voters are eager for development, any project that takes a longer time, must have visible progress which satsfies the electrorate. should such a program takes longer especially beyond the term limits , voters often becomes displeased and dissatsfied, and often do not appreciate.

What is the answer to this question? Is Nick Foles the goat?

Answers

Nah its Michael Jordan

Final answer:

Nick Foles is a professional American football quarterback with numerous accomplishments, but whether he's the 'GOAT' (Greatest of All Time) is subjective.

Explanation:

Nick Foles is a professional American football quarterback who has played in the National Football League (NFL) for various teams. However, referring to someone as the 'GOAT' stands for 'Greatest of All Time.' Whether Nick Foles is the 'GOAT' can be subjective and is dependent on personal opinion. While Foles has had impressive accomplishments including a Super Bowl victory and MVP award with the Philadelphia Eagles in 2018, numerous other quarterbacks have achieved more sustained success in their careers. Thus, it is debatable.

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why was the eastern empire stronger than the western empire​

Answers

Answer:

the kings wealth was stronger

Explanation:

The Eastern Empire was vastly different from the West. The East contained the largest population centers and the wealthiest cities. The moving of the capital to Constantinople by Constantine added the element of prestige and signified the importance of the East. Dominated by ancient civilizations that predated Rome, the East was far more eclectic and open to competing philosophies and religious ideals. The Christian population in the East, for example, was substantially higher than in the West.

The West was more prone to barbarian incursions as Germanic tribes invaded Gaul and eventually Italy during the 5th Century. Western legions were often composed of barbarian recruits, men that had no loyalty to Rome nor shared common interests related to imperial goals. As civil government crumbled, the Catholic Church emerged as both civil and spiritual leader under the auspices of local bishops whose seats coincided with the Roman civitates.

Which describes civil disobedience?

Answers

Breaking a law to show that it is unjust

Answer:

i think option 4...?

i might be wrong

How did the invention of the cotton gin affect the demand for labor to grow and harvest cotton?

Answers

The cotton gin made it easier to take out all of the seeds in the cotton, so that more cotton could be sold quicker. If there's more demand for something, they would want more of it.

The reliable invention helped produce more of the product quickly. Since it could be done so quickly, the demand was higher. Cotton was very useful, but people didn't use it much before the Cotton Gin because the process took more time.

Since a quicker way was discovered, many people hopped on the idea and demanded more, so they could produce more wanted products.

what dose Jefferson argue that people have the right to do if their natural rights are violated​

Answers

Answer:

they had the right to revolt and rebel because the government was suppose to protect their natural rights and represent the people in the people's government

Answer:

b

Explanation:

...



When did the Golden Age of the Gupta Empire end, after the empire was financially drained from military campaigns?

AD 350

AD 450

AD 550

AD 650

Answers

Answer:

AD 550

Explanation:

The Gupta period in India is known as the golden age of India. The Gupta empire existed from the third to the sixth century. It managed to contribute a lot in the development of much of the Indian subcontinent that it controlled. Lot of progress was seen in numerous sciences, especially in mathematics, with the architecture thriving, and the society a peaceful and prosperous one. This all end after the empire was not able to carry on as it drained itself with all the military campaigns, so it was overrun and ceased to exist.

The answer is AD 550

Hope this helps :)

primary causes of civil war​

Answers

Answer: Dred Scott v. Sanford, Fugitive Slave Act, Missouri Compromise, Compromise of 1850, Uncle Tom's Cabin, Kansas-Nebraska Act, and the crime of betraying one's country or treason. Slavery in the Economy and Society.

States vs. Federal Rights.

Slave and Non-Slave States.

The Abolitionist Movement.

The Election of Abraham Lincoln.

Final answer:

The American Civil War was primarily caused by disputes over slavery, economic differences, and issues of state versus federal control, which were brought to a head by the election of Abraham Lincoln in 1860. Economic challenges and ideological conflicts further intensified tensions, leading to a protracted and devastating conflict.

Explanation:

The primary causes of the American Civil War can be identified as a conflict over economic interests, the institution of slavery, and issues of governmental control. While some argue that the Civil War was fought for reasons other than slavery, the economic policies and cultural norms concerning slavery were central to the disagreements between the North and the South. The South's desire to maintain and expand slavery, seen as fundamental for their agrarian-based economy, contrasted sharply with the North's evolving economy that did not rely on slavery and their increasing opposition to its expansion into new territories. The election of Abraham Lincoln in 1860, which brought the Republican commitment to halting the expansion of slavery to the forefront, was the breaking point that led to the secession of eleven southern states and the formation of the Confederate States of America, ultimately igniting the Civil War.

Economic pressures exacerbated by wartime conditions, such as shortages and inflation in the Confederacy, and the fear of emancipation in the Union, further intensified the tensions. Despite Abraham Lincoln's initial goal to preserve the Union rather than to immediately abolish slavery, the war eventually took a new direction with the issuance of the Emancipation Proclamation in 1863, which framed the conflict as a battle to end slavery altogether. The persistent hostilities, hardships faced by civilians, issues of slavery, and the ideological divide between the North and South created a complex web of motivations leading to a war that lasted much longer and was more devastating than anyone had expected.

Which selection below reflects how the majority of Americans receive their citizenship to the United States? Select one: A. Naturalization B. Lottery C. Purchase D. Birth

Answers

Answer:

its birth

Explanation:

i checked it and its right

Answer:

brith

Explanation:

2 courageous people who risked their lives for jews during the holocaust?

Answers

Answer: Their are a bunch of people who has helped saved the Jews, but the 2 main were Raoul Wallenburg and Dimitar Peshev.

Explanation: Hope my answer has helped you! :)

Also Miep Gies and whoever else helped Anne Frank and her family.

How did the Great Depression change people’s view about government? They became more concerned with national security. They became more concerned with equal pay for women. They expected the national government to become involved in the economy. They expected the national government to stay out of the economy.

Answers

Hi there, I hope you're having a great day! :)

The answer you're looking for is either A. They became more concerned with national security. Or C: They expected the national government to become more involved with the economy.

I hope this helped! This took a while for me to come to this conclusion so if it did help, please consider giving me brainliest to help me!! I appreciate it!

Have a brainly day

-Austin <3

The Great Depression change people’s views about the government they expected the national government to become involved in the economy. The correct option is C.

Massive unemployment, destitution, and economic instability were the results of the Great Depression's catastrophic economic collapse. Many people started to believe that the government had a duty to step in and handle the economic issues the country was facing while individuals and communities fought to deal with the crisis. People started to expect the national government to take a more active role in boosting the economy, implementing measures to reduce poverty, and regulating the banking sector to prevent future economic crises.

Thus, the ideal selection is option C.

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What was the main issue for why possible delegates didn't go to the Constitutional Convention?

A. Outlawing slavery
B. Increasing power of the national government
C. Arresting debtors
D. Making George Washington the king of the United States

Answers

Answer:

I think part b is the answer Increasing power of the national government

Increasing power of the national government.

I think, hopefully I got this right.

Mr. White owns a stationery store and has noticed that his sales have been decreasing over recent years. People just aren't buying paper goods and writing materials like they used to, thanks to the popularity of online communication. In 2010, Mr. White's yearly sales were $180,000. He has noticed a decrease of $15,000 in sales each year since. What is the total of Mr. White's sales from 2010 to 2015, inclusively? Enter your answer in the box

Answers

Answer:

$855000

Explanation:

Subtract $15,000 from each year's previous total and add them together, including the initial and final years because it is inclusive.

Answer:

in the year 2010 his sales were 180,000 but after that he notices 15,000 less so he only made 165,000 you substrat 15 from 180 so you get 165,000 you multiplid 165 times 4. 164 x 4 = 660,000 only for those 4 years.

Explanation:

According to Creon’s lines, what does he expect of his son, Haemon?

grandchildren
advice
nothing
loyalty

Answers

Answer : Creon expected nothing but loyalty from his son.

Type the correct anwser in the box. Spell all words correctly.


The Unofficial boundary that formed at the end of World War II and divided into two sections was known as the...


Answers

Answer:IRON CURTAIN

Explanation:

Answer:

Iron Curtain

Explanation:

The unofficial boundary that formed at the end of World War II and divided Europe into two sections was known as the Iron Curtain.

Please rate!!

Which surface ocean currently has the warmest water?

Answers

North Atlantic Drift

The North Atlantic Drift has the warmest water.

The North Atlantic Drift is the name received by the North Atlantic Current which a warm current in the Atlantic Ocean. The origin of this current is  where the Gulf Stream turns north at the Southeast Newfoundland Rise. This Current has high salinity besides the warm temperature.The Atlantic Ocean which covers one/fifth of the World's surface separates the American and European and African continent.

how did Anne frank die?

Answers

Answer:

Typhus Fever that was very contagious around the Concentration camp

Explanation: On the concentration camp

she got caught by the nazi in her hiding house

Will give brainliest. :)

Which of these credit card features would be best for customers who want to pay off the balance on a high-interest credit card?
1. A long grace period.
2. no fees for cash advances.
3. low fees for balance transfers
4. an annual fee that can be waived.

Answers

Answer:

3. low fees for balance transfers

Explanation:

Someone that wants to pay off the balance of  a high interest credit card would search for a credit card that would allow him to transfer the balance of the other credit card to the new one on a better interest rate and a low or no fee for the transfer, in that way he can pay off the old credit card at a lower interest rate.

Final answer:

Customers who want to pay off the balance on a high-interest credit card would benefit most from low fees for balance transfers.

Explanation:

To pay off the balance on a high-interest credit card, customers would benefit most from low fees for balance transfers. This feature allows them to transfer the balance from their high-interest credit card to a card with lower interest rates. By doing so, they can save money on interest payments and make progress towards paying off their debt.

While a long grace period can be helpful for avoiding interest charges on new purchases, it does not directly address the goal of paying off the balance on a high-interest card. Similarly, no fees for cash advances may be a useful feature for accessing cash, but it does not directly address the goal of paying off a credit card balance. An annual fee that can be waived may be appealing for customers who want to avoid paying an ongoing cost, but it does not offer any direct benefit for paying off the balance.

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what role did the french revolution play in sparkling independence movements in the spanish colonies of the americas?

Answers

Answer: The French Revolution inspired many revolutions around the world in the same that that the American Revolution had inspired the French--it showed that great powers could be thwarted.

The French Revolution inspired independence movements in Spanish colonies by showing creole elites and suppressed populations that overthrowing established regimes was possible. Enlightenment ideas and Europe's political crises fueled these movements, but establishing stable, post-independence governments proved challenging due to existing social hierarchies and internal conflicts.

The French Revolution played a pivotal role in inspiring independence movements among Spanish colonies in the Americas. Leaders such as Simon Bolívar and José de San Martín, influenced by Enlightenment philosophies and encouraged by earlier revolutions, sought to overthrow Spanish rule and form autonomous governments. Creole elites, particularly affected by the Bourbon Reforms, sought political power and economic freedom, leading to the formation of juntas and the demand for self-governance.

The successful slave rebellion in Saint-Domingue, now Haiti, fueled by the French Revolution's principles, showed oppressed populations in Spanish colonies that they, too, could challenge and overthrow established authorities. Although creole aristocracy feared similar uprisings, the political turmoil in Europe, especially during the Napoleonic period, offered a unique opportunity for colonies in the Americas to declare independence and attempt to establish new nations based on Enlightenment ideas.

However, the transition from colonial rule to independent states was complex and fraught with difficulties. The new Latin American countries grappled with internal conflicts and social hierarchies that persisted from the colonial era. Despite the initial goals of liberal reforms, many countries experienced civil wars and coups, struggling to establish stable and inclusive governments post-independence.

True or false. The enlightenment was focused on understanding the world through reason.

Answers

The answer to this question is true

what happens to the enslaved person who jumps overboard on june 27​

Answers

Answer:

Dies

Explanation:

Thursday 27 June: When we were putting the slaves down in the evening, one that was sick jumped overboard. Got him in again but he died immediately between his weakness and the salt water he had swallowed, though I imagine he would have lived but a little while being quite worn out.  

Which claim is supported by this reading?  

The men on board the ship treated the enslaved people well.  

The ship suffered an epidemic of bacterial infection.  

The enslaved people onboard suffered from illness with some frequency.  

A large percentage of the enslaved people onboard had died.

Answer:

he is rescued but dies anyway

Explanation:

How did Columbus react after he reached hispania on his second voyage and found that his men had been killed by american indians

Answers

Answer:

he killed the indians

Explanation:

Use this map to answer the question:

A political map of India. A scale is provided indicating that one inch equals approximately 400 miles. The city of Bangalore is located inland approximately one inch north of the southern tip of India. The city of Calicut is located along the west coast approximately three quarters of an inch north of the southern tip of India and one half inch southwest of Bangalore. The city of Pondicherry is on the east coast and located approximately one inch east of Calicut. Bangalore is approximately equal distance from Calicut and Pondicherry.
Public Domain

How far is it between Bangalore and Pondicherry?

about 100 miles

about 200 miles

about 300 miles

about 400 miles

Answers

About 200 miles because one inch equals approximately 400 mile, so Bangalore is half way from Pondicherry.

Bangalore is halfway from Pondicherry, as shown in the political map of India, means About 200 miles because one inch is equivalent to approximately 400 mile (ca. 644 km).

What is the political map?

Political Maps show state and national extremities and capital and starring cities.

In simple words, a political map is one that shows the political features of a given area. These features can include things such as countries, states, provinces, cities, towns, major highways and byways, and major water structures.

It is clearly drawn in the map of India that About 200 miles, Bangalore is halfway from Pondicherry.

Therefore, option B is correct.

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How many interstate highway systems does Washington State have?

Answers

Hello!

I-5, which runs from Canada to Oregon (north-south), through Seattle.

I-90, which runs from the Puget Sound to Idaho (east-west), and starts in Seattle.

I-82, which runs from central Washington to Oregon (north-south).

Then there are I-205, I-405, I-182, and I-705. These are all auxiliary routes

Answer:

Mark him brainleist

Explanation:

Solve for x. 3x = -39

Answers

3x=-39

divide by 3 for 3x and -39

3x/3=-39/3

x=-13

Check answer by substitution method

3x=-39

3(-13)=-39

-39=-39

Answer is x=-13

The solution for x in the given equation is x = -13.

How to solve the expression

To solve for x in the equation 3x = -39, we can isolate x by dividing both sides of the equation by 3:

3x/3 = -39/3

This simplifies to:

x = -13

Therefore, the solution for x in the given equation is x = -13.

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Which of the following is not a role of stockholders?

• Purchase shares in a corporation

• Elect a board of directors

• Seek government approval

• Decide on company policies

I get three tries and I already guessed “seek government approval” and it was incorrect.

Answers

It's the second one that's correct...

Answer:

Elect a board of directors

Explanation:

mark me brainy plz

Which of the following democratic ideals is described in the passage?

Answers

Answer:social contract

Explanation:

What role has the Mediterranean Sea played in the development of Europe and Africa

Answers

Explanation:

mediterranian it is a sea that was used to conect a lot of places through sailing and viziting a lot of diferent places they was abel to sell their things, buy new ones and they took a litle bit from every culture

Which best describes Jefferson’s views on the new government ?

Answers

Answer:

B

America was too big to be a direct democracy

Answer:

B.America was way too big to be a direct democracy.

Explanation:

Thomas Jefferson said that direct democracy "is nothing more than dictatorship of the crowd, where 51% of people can take away the rights of the other 49%." Thomas Jefferson also said that public office should be "natural aristoi" and that education in a republic should be "democratic and aristocratic".

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