What is the purpose of tax-differed retirement accounts

A tax-differed retirement account is used for taxpayers to postpone paying taxes on the money invested until it is withdrawn (usually after retirement).

Step-by-step explanation:

Basically, a tax-differed retirement account is an account saved up in your bank, so when you retire you still have money even with no job.

yes

step-by-step explanation:

so of course you want to start by plugging the 5 in which goes to 7(5)+3(5)=50 because 7*5=35 and 3*5=15 and then add them together, then plug in the 5 to the other equation as well 9(5)+5=50 because 9*5= 45 and then add 5 and so yes they are equivalent.