Which of the Following Has the Benefit That Your Contributions

question 51

Multiple Choice

Which of the following has the benefit that your contributions reduce your tax consequence in the year when you make the contribution to your retirement account?

• A) a mutual fund
• B) a Roth IRA
• C) an exchange traded fund
• D) an RRSP

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Definitions:

Concept

A mental representation or an abstract idea that groups together objects, events, qualities, or relations on the basis of common properties.

Mental Simulations

The process of imagining or envisioning scenarios in one's mind to predict outcomes, solve problems, or plan actions.

Defined by Function

Describes objects, concepts, or processes identified primarily by what they do or their role rather than by their form or nature.

Artifacts

Objects made or used by humans, often considered in the context of archaeology as items of cultural or historical significance.