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Which of the following describes the tax advantage of a qualified retirement plan

Sagot :

Answer:

Qualified retirement plans give employers a tax break for the contributions they make for their employees. Those plans that allow employees to defer a portion of their salaries into the plan can also reduce employees' present income-tax liability by reducing taxable income.

Provides a way to accumulate substantial retirement income.

Those are some reasons, hope they helped!!

Explanation:

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