Question: Question 2 5 of ( mathbf { 2 5 } ) Qualified plans within retirement plans function in what way? 1 .

Question 25 of \(\mathbf{25}\)
Qualified plans within retirement plans function in what way?
1. The annuity is distributed out and increases a person's taxable salary
2. Qualified plans are not commonly used in retirement plans
3. A person's taxable salary is reduced, after it is taxed, and invested in a multitude of investments
4. A person's taxable salary is reduced, before it is taxed, and invested in a multitude of investments
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