In Its Basic Form, an IRA Simply Does What to Taxes

question 124

Multiple Choice

In its basic form, an IRA simply does what to taxes?

• A) eliminates them
• B) passes the taxes on to the rich
• C) defers their payment to a later time
• D) reduces the tax payments when you save

---

Definitions:

Positive

Characterized by or displaying affirmation, constructive qualities, or optimism.

Values-Based Leadership

Involves leading others in a manner that adheres to and promotes a set of core values, influencing organizational culture and decisions.

Personal Values

These refer to the individual's beliefs and principles that guide their behavior and decision-making.

Beliefs

Convictions or acceptances that something exists or is true, especially without proof.