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Coca-Cola has expanded to Diet Coke, Cherry Coke, and Caffeine-free Coke, to name a few. These are examples of
Effective Federal Tax Rate
The average rate at which an individual or a corporation is taxed by the federal government, calculated by dividing the total tax paid by taxable income.
Tax-Deferred Retirement
Investment accounts, like 401(k)s or IRAs, that allow earnings to grow tax-free until funds are withdrawn, usually during retirement.
Flexible Spending Account
A type of savings account, usually for healthcare or dependent care expenses, that offers tax advantages by using pre-tax dollars.
Federal Taxes
Federal Taxes are imposed by the government on income, goods, services, and activities, used to fund public services and government operations.
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