Question: In addition to saving for a car, Isabel is also participating in her employer - sponsored 4 0 1 ( k ) retirement program. She
In addition to saving for a car, Isabel is also participating in her employersponsored k retirement program. She has elected to contribute $ every month to a traditional k Although shes been saving the same amount for her car, her retirement contribution is conveniently deducted from her paycheck gross wages every month.
Part A
Question
Which two statements describe how saving $ every month in her traditional k retirement account is different from saving $ every month for her car?
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