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Select the One Term That Best Fits Each Definition

Question 11

Multiple Choice

Select the one term that best fits each definition.
-A qualified retirement plan that allows tax-free withdrawals from the account.


A) 401(k)
B) commission
C) direct deposit
D) electronic funds transfer
E) individual retirement account
F) Medicare tax
G) net pay
H) qualified retirement plan
I) Roth individual retirement account
J) social security tax
K) tax base
L) withholding allowance

Correct Answer:

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