Mathematics, 30.12.2021 02:00 shamiahG
An employee in the 22% tax bracket invests $1500.00 in a Roth IRA. When the employee retires, her salary is still in the 22% tax bracket. What tax will be assessed on the initial investment when the employee retires?
A. $330.00
B. Since the employee is using a Roth IRA, she will pay no taxes when she retires.
C. Not enough information to answer
D. $33.00
Answers: 1
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An employee in the 22% tax bracket invests $1500.00 in a Roth IRA. When the employee retires, her sa...
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