@Becki

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

A. Contributions double each time they are deposited.
B. The amount of income that's taxable is reduced.
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

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

anonymous · Answer

B. Because it's taken out of gross pay before taxes.