Which of the following is a benefit of contributing to a retirement account?

A. The amount of income that's taxable is reduced.
B. Contributions double each time they are deposited.
C. Money deposited can be taken out at any time.
D. As long as you contribute, you don't have to pay any taxes.

Question

Which of the following is a benefit of contributing to a retirement account?

 		A.	The amount of income that's taxable is reduced.
 		B.	Contributions double each time they are deposited.
 		C.	Money deposited can be taken out at any time.
 		D.	As long as you contribute, you don't have to pay any taxes.

tkhunny · Answer

Defintely A, but often-times B.  Many employers match contributions up to some small %.