Taxpayers Often Have to Decide Between Contributing to a Traditional

question 1580

Multiple Choice

Taxpayers often have to decide between contributing to a traditional deductible IRA or a Roth IRA. In making the comparison between the two IRAs, which models should the taxpayer use?

---

Definitions:

Abbreviation

A shortened form of a word or phrase, used to simplify detailed technical instructions or specifications.

Gray Iron

A type of cast iron characterized by its graphitic microstructure, which gives it good machinability and vibration damping properties.

Flask

In manufacturing, often refers to a container or casing used in the process of forming metal castings.

Drag

A force acting opposite to the relative motion of any object moving with respect to a surrounding fluid; it also describes the resistance an object encounters while moving through a fluid (like air or water).