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Mathematics, 17.05.2021 23:20 kay4451

Question Determine whether the descriptions are characteristics of a traditional IRA, 401(k), or both. Drag each description to the
correct location on the table.
Traditional IRA
401(k)
Both
tax-deferred savings
higher contribution limit
organized by employer
penalty for withdrawing
funds early
flexibility to choose
Investments
penalty for not
withdrawing funds by
age 70


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Determine whether the descriptions are characteristics of a traditional IRA, 401(k), or

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Answers: 3

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