Which of the following is an advantage of investing in a Roth IRA? *
It lowers your taxa...
Business, 05.05.2020 08:40 Ezonthekid
Which of the following is an advantage of investing in a Roth IRA? *
It lowers your taxable income for the current tax year, and you don't pay taxes until you retire.
You invest post-tax income, but you do NOT pay taxes on earnings in the future.
You qualify for an automatic refund of at least $500 per year.
There's no contribution level, so you can put all of your savings in a Roth IRA without breaking any tax laws.
Answers: 1
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