Ask Question
7 August, 17:05

What is the purpose of tax-deferred retirement accounts?

+3
Answers (1)
  1. 7 August, 17:35
    0
    Retirement accounts is an account set up at a financial institution that allows an individual to save for retirement with tax-free growth or on a tax-deferred basis. Tax-deferred savings plans may defer taxable income earned within the account either until withdrawal or until a particular date.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is the purpose of tax-deferred retirement accounts? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers