1. Distinguish between two types of tax-sheltered investment returns. 2. Explain how to reduce income taxes via...
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2. Explain how to reduce income taxes via your employer, and name three employer-sponsored plans to do so.
3. Summarize the differences between an individual retirement account (IRA) and a Roth IRA.
4. Identify three strategies to avoid overpayment of income taxes, and summarize the essence of each.
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1 One type of taxsheltered investment return is the earnings accrued each year within a qualified retirement plan These returns do not have to be repo...View the full answer
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