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2 December, 08:10

What is the purpose of tax-differed retirement accounts

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  1. 2 December, 11:16
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    Answer: A tax-differed retirement account is used for taxpayers to postpone paying taxes on the money invested until it is withdrawn (usually after retirement).

    Step-by-step explanation:

    Basically, a tax-differed retirement account is an account saved up in your bank, so when you retire you still have money even with no job.
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