PERSONAL FINANCE,TAX UPDATE (LL)
PERSONAL FINANCE,TAX UPDATE (LL)
13th Edition
ISBN: 9780357438855
Author: GARMAN
Publisher: CENGAGE L
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Chapter 4.3, Problem 3CC
Summary Introduction

To Explain:Differentiate traditional IRA and Roth IRA.

Concept Introduction:

Tax sheltered investment: These are the investments which helps a person to save tax. This investment is reduces the income of person while calculating taxable income. There are many types of tax sheltered investment like retirement plans investment or municipal bonds, etc.

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