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In Southwest's BMC, the company decided to fly only one type of aircraft.What element of the BMC did this address and what was the effect?
Roth IRA
An individual retirement account allowing post-tax contributions with the benefit of tax-free withdrawals under certain conditions.
Withdrawal Requirements
Mandatory rules governing the minimum amounts that must be withdrawn from retirement accounts after reaching a certain age.
Taxable
Describes income or transactions subject to taxation under federal, state, or local laws.
Traditional IRA
A tax-advantaged retirement account allowing individuals to make pre-tax contributions, with taxes deferred until withdrawals in retirement.
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