A ______ Draft Is a Draft Where You Simply Spit

question 38

Multiple Choice

A ______ draft is a draft where you simply spit out your story.

• A) rough
• B) spew
• C) beginning
• D) spit

---

Definitions:

Employer-sponsored Retirement Plan

A retirement savings plan provided by an employer to its employees, often with tax advantages for contributions and investment earnings.

Deductible IRA Contribution

A contribution to an Individual Retirement Account that can be subtracted from gross income, reducing taxable income for the year the contribution is made.

Active Participant

An individual who is actively contributing to a qualified retirement plan or is credited with service under the plan for the tax year.

Qualified Pension Plan

A retirement plan that meets the requirements of the Internal Revenue Code, thereby offering tax advantages such as deferred taxation on earnings.