Most individuals manage their individual retirement accounts (IRAs) so they
A) maximize the amount of money they withdraw.
B) minimize the amount of taxes they must pay.
C) retire with a minimum amount of money.
D) leave all their money to the government.

Question

Quizplus · Accepted Answer

Most individuals manage their IRAs to minimize the amount of taxes they must pay. This is because IRAs provide tax benefits, and individuals want to take advantage of those benefits to lower their overall tax burden.

Most Individuals Manage Their Individual Retirement Accounts (IRAs) So They