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Economics - Financial Markets
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When people contribute to a Roth IRA for retirement savings, tax is paid on the amount saved. However, when the money is withdrawn, the person does not have to pay taxes. Which of these people will benefit most from using a Roth IRA for retirement savings? A person making a moderate wage who expects to receive higher income after retiring. A person making a high wage who expects to receive lower income after retiring. A person making minimum wage who expects to receive about the same income after retiring. A person making a high wage who expects to receive about the same income after retiring.
A or D
it's A
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