Select the correct answer.
Which statement describes the effect of taxes on a traditional IRA retirement account?
Ο Α.
A traditional IRA Is tax exempt because the income earned is never taxed.
OB. A traditional IRA is tax deferred because the income earned isn't taxed until the money is withdrawn.
OC. A traditional IRA is tax exempt because the income earned Isn't taxed until the money is withdrawn.
OD
A traditional IRA is a taxable account because the income earned Is taxed when it is contributed.

Answers

Answer 1

Answer:

C.

A traditional 401(k) is tax deferred because the income earned isn't taxed until the money is withdrawn.

Explanation:

There are two types of 401 k plans: traditional 401k and Roth 401k plans. The difference is the way there are taxed.

The traditional 401k plan is an employer-sponsored retirement scheme.  The employer withholds the employee contributions and remits the funds to the employee's 401k savings account. The amount deducted as the employee contribution is not subject to taxation at that point. Contributions to 401k plans reduce the employee's taxable income.

The amounts saved in a 401k plan are invested and generate income. Employees are not expected to pay taxes on the income generated every financial period. All taxes are deferred until the time of withdrawal.


Related Questions

15 In circle F with m/EFG = 78 and EF = 4 units, find the length of arc EG. Round to the nearest hundredth. F G E ​

Answers

Length of arc EG = 5.446 degrees and EG = 0.05446 degrees while written in hundredth.

What means arc length of a circle?

Arc length is defined as the distance of two points along the boundary of a circle or a section of a curve. Arc length is not a straight line.

Arc length is calculated by the following formula.

arc length in radians

s = r Ф

where, r is radius of circle or curve

Ф is the central angle in radians

arc length is degrees

s = Ф×π/180 × r

r is the radius of circle

Ф is the central angle in degrees

π = 3.142

How to calculate the arc length in the given problems?

given, central angle EFG = 78 degrees.

EF = 4 units

EF is the radius of the given circle

as per the rules of a circle FG is also a radius

FG = FE = 4 units

Now arc length EG = ∠EFG × π/180 × EF

  Arc length = 78 × 3.142/180 × 4

                    =5.446 units

hence, arc length EG = 5.446 units or 5.446 degrees

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How many times smaller is 1.2 × 106 than 1.38 × 107?

Answers

The number 1.2 × 10⁶ is 11.5 times smaller in comparison to the number 1.38 × 10⁷.

The two given numbers here have been written using the method of powers of 10. In this method, very large or very small numbers are easily simplified and written by denoting the powers of 10. These power are integral in nature. Very large numbers are of the form y × 10ⁿ and very small numbers can be expressed in the form z × 10⁻ⁿ.

In the given problem, we have the numbers 1.2 × 10⁶ and 1.38 × 10⁷ and we have to tell how much the former number is from the latter. For this, we divide the two and easily find our solution. Before this, we have to make the powers of 10 in both numbers the same. We can rewrite the  1.38 × 10⁷ as 13.8 × 10⁶. Now, we divide the two and get-

⇒ 11.5

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Answer: B. 11.5

Step-by-step explanation: I took the test

s = 40, u
12, mZS = 37

Answers

What do you need help with?

express -3/5 as the rational number with denominator 20​

Answers

Answer:

-12/20

hope this helps

have a good day :)

Step-by-step explanation:

Step-by-step explanation:

-3/5*4= -12/20

pls gimme brainliest I need it

help me please i will really appreciate it

Answers

Answer:

84 square cm

Step-by-step explanation:

Step-by-step explanation:

You should not photograph where unless you have permission?

A public park

Your backyard

A parade

Into someone's window

plz help filipino words and 3-5 sentences

Answers

Step-by-step explanation:

Bagong balita tungkol sa corona virus 19 sa Pilipinas, Ayon sa WHO at DOH mayroong 2.5M na vaccine na ang pinangangasiwaan ang Pilipinas at naitala ring mayroon ng 2.02M ang na bakunahan na indibiduwal.

Im taking an algebra exit exam that I need for high school, tips on what to study or do?

Answers

i took this kinda test and what i did was search up subjects for algebra 1 and practice each one or look at videos

(ANSWER QUICKLY PLAESE) Mrs. Rubio collected $5 from
each student and $8.25 from each
chaperone for a field trip. She collected
a total of $176.25. If 5 chaperones went
on the field trip, how many students
went?

Answers

Answer:

27 students

Step-by-step explanation:

We know

1 student = $5

1 chaperone = $8.25

5 chaperon = $8.25 x 5 = $41.25

Let's solve

$176.25 -  $41.25 = $135

So, we know that the total amount Mrs. Rubio collected from students is $135, then we take

135 / 5 = 27 students

So, 27 students went on the field trip.

Answer:

8.25 × 5 = 41.25

176.25 - 41.25 = 135

5 × x = 135

x = 27

Therefore, 27 students went.

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HELP I NEED HELP ASAP HELP I NEED HELP ASAP HELP I NEED HELP ASAP HELP I NEED HELP ASAP

Answers

X-8 I hope this help you

A ratio is a comparison of two quantities. For example, the ratio of cows to pigs on a farm could be 1 to 3. For every 1 cow, there are 3 pigs. The ratio of chocolate chips to raisins in a cookie could be 5 to 9. For every 5 chocolate chips in the cookie, there are 9 raisins. Do you notice a repeating phrase in these examples? “For every” is key ratio language. It tells you how much of one quantity exists in comparison to the other quantity. A ratio consists of just the numbers, not the units. If someone asked the ratio of chocolate chips to raisins in the cookie example, you’d say 5 to 9.

Which of these could you represent with a ratio?

Answers

The solution is given by the equation A = how many diet sodas there are in the fridge compared to how many regular sodas

What is Proportion?

The proportion formula is used to depict if two ratios or fractions are equal. The proportion formula can be given as a: b::c : d = a/b = c/d where a and d are the extreme terms and b and c are the mean terms.

The proportional equation is given as y ∝ x

And , y = kx where k is the proportionality constant

It demonstrates the equality of the relationship between the expressions printed on the left and right sides.

Given data ,

Let the proportion be represented as A

Now , the equation will be

The ratio of cows to pigs on a farm could be 1 to 3

So , the proportion is 1 : 3

Now , The ratio of chocolate chips to raisins in a cookie could be 5 to 9

So , the proportion is 5 : 9

Now , the number of diet sodas there are in the fridge compared to number of regular sodas is also a proportion

Hence , the proportion is number of diet sodas to number of regular sodas

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If the original price is 125 pesos and the rate of discount is 25%, how much is the discount? with solution

Answers

Answer:

31.25

Step-by-step explanation:

25% * 125 = 25/100 * 125 = 1/4 * 125 = 31.25

helppp please last question !!!

Answers

Answer:

Step-by-step explanation:

y = 1/4x +10

and why do you use your phone, it makes it sooo much tuffer to read the question.   just "prt screen"   and paste into paint.. and save as a jpg,  and then post that pic..  don't use your phone.  :/

can someone please help me ( check the link for the question

Answers

The equation of the line that passes through the point (3, 2) and is perpendicular to 3x + 5y = 15 is y = (5/3)x - 3

What is an equation of a line?

The equation of a line is given by:

y = mx + c

where m is the slope of the line and c is the y-intercept.

Example:

The slope of the line y = 2x + 3 is 2.

The slope of a line that passes through (1, 2) and (2, 3) is 1.

We have,

The equation of the line is y = m(1)x + c

The line passes through (3, 2) and is perpendicular to 3x + 5y = 15.

This means,

3x + 5y = 15

5y = -3x + 15

y = (-3/5)x + 3

m(2) = (-3/5)

Now,

m(1) x m(2) = -1

m(1) = -1 / ((-3/5)

m(1) = 5/3

Now,

(3, 2) = (x, y)

y = m(1)x + c

2 = (5/3) x 3 + c

2 = 5 + c
c = 2 - 5

c = -3

Thus,

The equation of the line is y = (5/3)x - 3.

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559
8
X
о
10.5
O
55
O
8
O
11.4

Answers

Answer:

what is the question?????

EMERGENCY NEED HELP PLEASE HELP THE QUESTION IS ATTACHED TO THE QUESTION THING PLEASE HELP!!!

Answers

Graph of given system of equations is shown in figure with intersection point (2, 4).

What is an expression?

Mathematical expression is defined as the collection of the numbers variables and functions by using operations like addition, subtraction, multiplication, and division.

We have to given that;

The system of equation is,

⇒ 2x + y = 8

⇒ - x + 2y = 6

By solving both equation , we get;

⇒ (x, y) = (2, 4)

Thus, The graph of system of equation intersect on point (2, 4).

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Choose three true statements about the angles of the figure

1: Z1 and the 55* angle are adjacent

2: mZ1=55* because Z1 and the 55* angle are vertical angles

3: mZ2=125* because Z2 and the 55* angle are supplementary

4: mZ2 cannot be determined from the information

5: mZ1=180*-55*

6: mZ2=180*-55*-45*

Answers

Answer:

2,5,6

Step-by-step explanation:

-Z1 and 55*are vertical angles

-Z1 and 55*are angles on a straight line=180*

this means 180*=55*+Z1

make Z1 subject of the formula- Z1=180*-55*

- mZ2,55*,45* are all angles in the given triangle

since the sum of angles in a triangLe =180*

therefore-180*=Z2+55*+45*

make Z2 the subject of the formulary

Z2=180*-55*-45*

Due to delay, a company had to extend a project from 108 day to 137 day. What wa the percentage increae in time to complete the project, round you anwer to the nearet tenth

Answers

The percentage increase in project completion time is 26.85%.

What is percent?

Percentage is a relative number that represents the hundredth part of any quantity. One percent (symbolized 1%) is one hundredth part; consequently, 100 percent denotes the complete amount and 200 percent defines twice the supplied amount. percentage. Mathematics percentile is a related topic. A percentage is a fraction of a whole represented as a number between 0 and 100. Nothing is zero percent, everything is 100 percent, half of everything is fifty percent, and nothing is zero percent. To calculate a percentage, divide the share of the total by the total and multiply by 100.

Here,

=(137-108)/108*100

=26.85%

The percentage increase in time to complete the project is 26.85%.

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consider the relation below
1.Is the relation A function
2. Is the relation a one to one function
3. Is the inverse of the relation below itself a function

Answers

Answers:

Yes it's a function.No, the function is not one-to-one.No, the inverse isn't a function.

=============================================

Explanation:

We have a function since the curve passes the vertical line test. Recall that this test is where we try to draw a single vertical line through more than on point on the curve. Such a task isn't possible in this case.

-----------

On the other hand, the curve does not pass the horizontal line test. It is possible to draw a single horizontal line through more than one point on the curve.

This function is not one-to-one since it does not pass the horizontal line test.

------------

Because the graph isn't one-to-one, the inverse won't be a function. The process of finding the inverse involves swapping x and y; which means we swap from "horizontal line test" to "vertical line test".

The original function failing the horizontal line test would mean the inverse fails the vertical line test.

A rock is dropped from a height of 88.6 m and falls toward Earth in a straight line. In t seconds the rock falls 4.9t2 meters.

Answers

Answer:

The average speed is 9.8 meter per second in the first two seconds

Step-by-step explanation:

Complete Question

What is the average velocity of the rock in first 2 secs?

Solution

Distance travelled in first two seconds  

[tex]4.9 t^2 = 4.9*2*2 = 19.6[/tex] m

Average speed = [tex]S2-S1/2 = 19.6-0/2 = 9.8[/tex] meter per second  

Is 2x 3y linear equation?

Answers

Therefore .as a result the supplied linear equation problem's solution is shown to be a linear equation with two variables.

Define a linear equation.

Any model that meets the algebraic equation y=mx+b is said to be linear. B is the slope, and m is the y-intercept. Since both y and x are distinct factors, the preceding sentence is commonly referred as a "mathematical model with two variables." Two-variable linear equations are referred to as bivariate equations. There are several applications for linear equations, all of which end in zero. If an equation has the form y=mx+b, where m stands for the slope and b for the y-intercept, it is classified as linear. The equation is written as Y=mx+b, where m denotes the slope and b

Here,

Assumed: 2x + 3Y = 0.

As a result, the following equation can be used to determine whether it is linear in two variables.

As x is the sole variable, as can be seen.

Therefore, it is a two-variable linear equation.

As a result, the supplied linear equation problem's solution is shown to be a linear equation with two variables.

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Solve the problem as directed. The volume of a right circular cone varies jointly as the altitude and the square of the radius of the base. If the volume of the cone is 154 cubic inches when its altitude is 12 inches and the radius of the base is 3 1 2 312 inches, find the altitude when the volume of the cone is 77 cubic inches and the radius of the base is 2 1 3 213 inches. (Put your response in decimal form.) Altitude

Answers

The altitude of the right circular cone is 13.5 inches.

What is volume?

Volume is a term used in mathematics to describe the volume of three-dimensional space occupied by an object or a closed surface. The measurement of volume is done in cubic units, like m3, cm3, in3, etc. Volume is also referred to as capacity on occasion.

Here, the volume of a right circular cone varies jointly as the altitude and the square of the radius of the base

So our equation for volume becomes

V = c*h*r^2

where 'h' is altitude and

'r' is radius of base and

'c' is constant

Putting the values of V, h, r, in the volume equation.

we get,

154 = c*12*3.5*3.5

  c = 22/21

Now we have volume = 77 cu and radius of the base =7/3, so putting the values we get,

 77 = 22/21*h*7/3*7/3

or, h = 13.5 inches

Hence, the altitude of the right circular cone is 13.5 inches.

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When a child flying a kite has let out 60 meters of string, the string makes an angle of 60 degrees. How high is the kite?

Answers

Answer:

The height is: [tex]h = 51.96cm[/tex]

Step-by-step explanation:

Given

[tex]L = 60m[/tex]

[tex]\theta = 60[/tex]

Required

The height of the kite

See attachment for illustration.

To calculate height (h), we have:

[tex]\sin(\theta) = \frac{Opposite}{Hypotenuse}[/tex]

This gives

[tex]\sin(60) = \frac{h}{60}[/tex]

Make h the subject

[tex]h = 60 * \sin(60)[/tex]

[tex]h = 60 * 0.8660[/tex]

[tex]h = 51.96cm[/tex]

Please answer, don't troll please

Answers

Answer: The second one

Step-by-step explanation: Because I said so nons

find the value of x. round your answer to the nearest tenth.

Answers

Answer:

x = 56.7

Step-by-step explanation:

cos theta = adjacent/hypotenuse

cos x = 17/31

x = arccos(17/31)

x = 56.7

What is the image of (0,2) after the reflection over the line y=x?

Answers

Answer:

(0,2) reflected is (2,0)

Step-by-step explanation:

Help me with this please

Answers

Answer:

y = 95

Step-by-step explanation:

x = 180 - 120

x = 60

y + 25 + 60 = 180

y = 95

Salma's Coffee Shop makes a blend that is a mixture of two types of coffee. Type A coffee costs Salma $5.60 per pound, and type B coffee costs $4.40 per pound. This month's blend used three times as many pounds of type B coffee as type A, for a total cost of $451.20. How many pounds of type A coffee were used?

Answers

Answer: hi

11,28 pound / usd

Step-by-step explanation:

Adina read 60 out of 100 pages in a comic book.Write the fraction of the pages she read in simplest form

Answers

Answer:

3/5 is 60/100 in it's simplest form.

Step-by-step explanation:

60 divided by 20 is 3 and 100 divided by 20 is 5.

So 3/5

Find the area of the figure.

Answers

Answer:

Picture Please

Answer:

In order to find area, multiply length x height

Step-by-step explanation:

Or in some cases, you can multiply length x height x width.

Herald cut 18 1/2 Inches of a rope that was 60 inches long. How is the length of the remaining rope In inches Written in decimal form?

Answers

Answer:

41.5 inches

Step-by-step explanation:

You subtract 18.5 from 60.

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