What's the primary reason that a person would contribute money to a 401(k)? i neeed help asa

Question 5 options:

To set aside extra spending money

To save for a significant expense, such as a house

To earn short-term gains in the stock market

To save up for retirement

there you go :)

Explanation:

You get two tax breaks when you save in a 401k plan. First, your contributions are tax-deductible. The money you contribute doesn't count toward your gross income for the year, lowering your taxable income. Second, your money grows tax-deferred.

(202 bc - 220 ad) dynasty started by lui bang; a great and long-lasting rule, it discarded the harsh policies of the qin dynasty and adopted confucian principles; han rulers chose officials who passed the civil service exams rather than birth; it was a time of prosperity

bro where is your chart