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Please help! In a _ IRA, the contributions are taxable when deposited, but the money is

_ when withdrawn at retirement.

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User Pastx
by
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2 Answers

6 votes

Answer:

In a Roth IRA, the contributions are taxable, and withdrawals at retirement are tax exempt. In a traditional IRA, the contributions are tax deductible up to a certain income limit, and earnings are tax deferred. Withdrawals from a traditional IRA are taxed at the individual’s income tax rate at the time of withdrawal.

Explanation:

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answered
User Nigel Hawkins
by
7.5k points
5 votes

Answer:

roth, tax exempt

Explanation:

answered
User Alex Kuhl
by
8.1k points
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