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Which of the following is intended primarily to enhance a person's tax advantage and retirement income? A. U.S. Savings Bond B. IRA C. Money market fund D. Growth fund

Which of the following is intended primarily to enhance a person's tax advantage and retirement income? A. U.S. Savings Bond B. IRA C. Money market fund D. Growth fund
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1 vote
Which of the following is intended primarily to enhance a person's tax advantage and retirement income?

A. U.S. Savings Bond
B. IRA
C. Money market fund
D. Growth fund

asked
User Carlos Lima
by
8.8k points

2 Answers

6 votes
The answer is B. IRA

answered
User Peter Bartels
by
8.9k points
3 votes
B is the correct answer. An IRA, or individual retirement account, provides and enhances a person's tax advantages and retirement income. It can be individual, part of a trust fund, or company-based, for example from a life insurance company.
answered
User Kanadaj
by
7.6k points
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