EBK PERSONAL FINANCE TAX UPDATE
EBK PERSONAL FINANCE TAX UPDATE
13th Edition
ISBN: 9780357438930
Author: FORGUE
Publisher: VST
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Chapter 1.5, Problem 4CC
Summary Introduction

To Determine: Means of maximizing benefits that could be obtained by a retirement program that is tax-sheltered.

Introduction: Retirement programs are schemes designed to provide financial security to individuals in the years to come when they would grow old and retire. Not very often people do save for the future with a prudent plan in mind. Often, retirement programs are employer-sponsored ones. Such programs are also called as tax-sheltered retirement plans.

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