Fines Are at One End of the Continuum of Intermediate

question 89

True/False

Fines are at one end of the continuum of intermediate sanctions.

---

Definitions:

Saving

The process of setting aside a portion of current income for future use, typically in a bank account or other investment vehicle.

Individual Retirement Accounts

Special financial accounts designated for retirement savings with potential tax advantages, intended to assist individuals in preparing for their retirement years.

401(k) Plans

Retirement savings plans sponsored by employers that allow employees to save and invest a portion of their paycheck before taxes are taken out.

U.S. Tax System

The structured collection of taxes in the United States, including federal, state, and local taxes, imposing charges on citizens and corporations to fund public goods and services.