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Which of the Following Savings Vehicles Is Free of State

question 7

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Which of the following savings vehicles is free of state and local income taxes?


Definitions:

Floodplain

A flat area of land adjacent to a river or stream that experiences occasional or regular flooding.

Flooded

Describes areas that have been overwhelmed with water, often due to excessive rainfall, river overflow, or dam failure.

Terrace

A relatively level or gently inclined surface or bench bounded on one edge by a steeper descending slope.

Entrenched Meanders

Deeply incised meanders in a river or stream that retain their winding course because the land elevation change has been rapid compared to the lateral motion of the river.

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