Individual savings accounts Flashcards
1
Q
IRA
A
Tax deferred contributions, taxed when taken out
2
Q
Roth IRA
A
Contributions taxes, but not taxed again
3
Q
401(k)
A
employer sponsored tax-deferred account
IRA
Tax deferred contributions, taxed when taken out
Roth IRA
Contributions taxes, but not taxed again
401(k)
employer sponsored tax-deferred account