In the United States there are some methods to save which reduce taxes on savings. These include
A) commodity purchases.
B) stock purchases.
C) retirement plans like 401Ks and 403Bs.
D) money market accounts.

Question

Quizplus · Accepted Answer

Retirement plans like 401Ks and 403Bs offer tax advantages such as tax-deductible contributions and tax-deferred growth, which can ultimately reduce taxes on savings. Commodity purchases, stock purchases, and money market accounts do not offer the same tax benefits.

In the United States There Are Some Methods to Save