? Question
Select all the correct answers.
Which two types of accounts offer tax benefits before saving?
529 account
basic savings account
certificate of deposit
401K account

? QuestionSelect All The Correct Answers.Which Two Types Of Accounts Offer Tax Benefits Before Saving?529

Answers

Answer 1

Answer:

529 account401K account

Explanation:

A 529 plan is a savings account designed to help meet the costs of education. Initially, the 529 plans were meant to cater to college education only. Amendments were made to cater to lower grades too. 529 plans are tax-advantaged. The funds deposited in the savings account are exempted from tax. The gains made through savings are also exempted. Withdrawals at maturity are not subject to tax if used for educational purposes.

A 401(k) plan is a savings retirement scheme for employed workers. It is a company-sponsored saving plan because both the employers and employees contribute to the scheme. The funds saved in the 401 plan as are exempted from taxation.


Related Questions

Brainliest for the first answer that is correct in answer section not comments, also 40 POINTS!
A(n) _____ résumé is the most popular format. It places information in reverse order from most to least recent. Employers tend to prefer this format as it demonstrates a candidate's steady and upward career growth.
chronological
functional
combination
incremental

Answers

Answer:

chronological résumé is your correct answer

Explanation:

Who takes Personal Finance???

Answers

Explanation:

I can try and learn it really quickly...?

who takes music class

Answers

I use to take music class

Answer:

I do

Explanation:

What’s the answer????

Answers

Opportunity cost is the value of your second choice, or whatever you give up to get something

Taylor gives up either the video games or the funny videos. So you can choose either one

How could the respective roles of these two labour organizations influence actions by other parties to address the concerns raised by affected Tim Horton's employees?

Answers

The correct answer to this open question is the following.

Unfortunately, you did not include the name of the two labor organizations. There is no further context, reference, text, or article.

However, trying to help you we can comment on the following.

Probably, you are referring to the Ontario Federation of Labor (OFL) and the Ontario Public ServiceEmployees Union (OPSEU).

If that is the case, we say that these two labor organizations have a major role in supporting the employees of Tim Horton's branches, after the response, they have taken in Ontario regarding the increase of the minimum wage in that Canadian province.

The power of these labor organizations created awareness of the employee's situation when different media channels covered the news about the demonstrations. This coverage was nationwide, alerting all Canadians about the situation in some branches of this famous and cherished Canadian fast-food restaurant.

This situation does not only grab the attention of public opinion but from the government and political parties that can get into the discussion, affecting the public image and reputation of Tim Horton.

How did the pressure change from when it was your turn to be a leader, than when you were just a supporting member? (Take your time please and thank you)

Answers

Answer with Explanation:

The pressure changed a lot when I became a leader. I was expected to supervise my group members and assign them the tasks they have to perform. I gave them a sense of direction, particularly, towards the group's goal. I was pressured to meet the targets expected from us, and I always put my effort at its best for fear of failing or becoming a failure to the group. I needed to do things in a calm fashion, so I could inspire my members and be a better role model for them.

When I was just a supporting member, I didn't really mind about which direction my group should take, so the pressure from stress wasn't a big deal. I was very laid back because I just needed to perform what was asked of me by our leader. No one was constantly looking upon me, thus, I didn't feel like I really needed to do my best.

Which of these should you consider while communicating in a diverse workplace?
a. culture
b. communication mode
c. appearance
d. financial status

please answer asap!!

Answers

Answer:

A. Culture

Explanation:

Culture is very important and is reflective of how people communicate and etc. For example, the big business setting in China differs from America, so you would want to know how to be respectful of their culture. In China, when giving and receiving business cards, you have to accept it with two hands, not one hand. Failure to do so will cause you to look rude!

I hope this helps clear things up!

Jane Spring maintained this record of vehicle expenses for last year: gas, $845.96; oil, lube, miscellaneous, $68.85; insurance, $418.50; and license, $35.00. She drove 8,280 miles last year. Her 2-year-old vehicle cost $19,860.00 new and is now worth $11,860.00. a. What was her depreciation? b. What were her total variable costs?

asap pls I need it

Answers

Answer:

Explanation:

a. What was her depreciation?

Since her 2-year-old vehicle cost $19,860.00 new and is now worth $11,860.00. The depreciation will be:

= $19860 - $11860

Accumulated depreciation = $8000

The depreciation for each year will be,: = $8000/2 = $4000

b. What were her total variable costs?

This will be the addition of the gas, and the oil and miscellaneous which will be:

= $845.96 + $68.85

= $914.81

We should note that the insurance and license are fixed cost.

Why might a professional lose his or her credential?

The professional does something that is illegal.

The professional quits a job voluntarily.

The professional goes on too many vacations.

The professional does not attend mandatory continuing education programs.

The professional has complaints filed against him or her.

Answers

Answer:

it is A, D, and E

Explanation:

trust me

Answer:

a d e

Explanation:

anybody have good jokes??

Answers

Answer:

dark humor... why did the kid in the wheelchair get bullied?

Explanation:

because he couldn't stand up for himself

Answer:

A string walks into a bar, the bartender says "Hey! We don't serve your kind here!" so the string walks out and wravels himself up. He turns himself inside out all in knots, gets all dirty, and ruffles up his ends. He walks back into the bar and the bartender says "Hey! Aren't you that piece of string I just threw out a second ago?" and the string answered "Im Afraid Knot!"

What advanced techniques are used in nail services today?

Answers

Answer:

The use of Paraffin Wax

3D Inlay

Explanation:

Paraffin Wax

The use of paraffin wax is very common in nail services in order to help softens the customer's skin and smooth over the dead cells on the area surrounding the nails. This will make the hands felt  soft and radiant, and great for creating first impressions during handshakes on professional settings.

3D Inlay

Many nail services now had the ability to customize the shape of customers' nails rather than only giving it simple colors / design. This can be done by using different variations of gems as materials or only using the nails of the customers if it has enough size.

Which of the following is TRUE about owning a share of stock?

A. The value of a share is based on the number of investors in a company.
B. You have to return the share of company you own typically after 5 years, otherwise, you pay a penalty fee each year.
C. Owning a share means you own a percentage of the company.
D. Companies lose significant amounts of money every time someone buys a share.

Answers

Answer:

A

Explanation:

The answer to that Question would be A

The value of a share is based on the number of investors in a company that is TRUE about the share of stock.

What is a share stock?

Share stock implies the ownership of the individuals in the business based upon the percentage of their holdings in total business shares. It means the single smallest denomination that a company has.

Therefore, the value that share has is based upon the demand for the company's share and supply in the market.

Learn more about Stocks here:

https://brainly.com/question/15856341

When a company tries to get consumers curious about a product so they will want to gather more information about it, which step in the AIDA model is the company focusing on?

Awareness

Interest

Desire

Action

Answers

Answer:

interest is answer

Explanation:

I hope it's helpful!

When performing a self-assessment, it is useful to ask yourself whether you _________.
a.
Really enjoy what you do at work
b.
Think your job pays enough
c.
Can achieve your career goals in the same company
d.
All of the above


Please select the best answer from the choices provided

A
B
C
D

Answers

D because all of these are important and reasonable for a self assessment

Answer:

D) all of the above

Explanation:

Just took the test

Which of the following is NOT a characteristic of effective promotion? *
Appropriate
O Misleading

Answers

Answer:

i think no.1

sssssss

There are 20 owners for McJellies, Inc. None of those owners are personally financially liable for the company. What type of business is this?
- Sole Proprietorship
- Corporation
- Partnership

Answers

Answer:

- Corporation

Explanation:

At least two people are required to form a corporation. The owners of a corporation are treated as separate entities from the business. The owners, also known as shareholders, enjoy limited liabilities to the debts of the corporation. In case of a liquidation, they cannot lose more than their capital contribution.

A sole proprietorship is owned by one person, but a partnership requires at least two people to form. The owners of sole proprietorships and partnerships have unlimited liabilities to the debts of their businesses. Should the businesses fail in meeting their obligations, owners' personal assets can be used to settle the outstanding debts.

Which of the following are reasons to write a business plan?
(Select four answers.)
To impress your friends
To identify problems in advance
To get funding
To fire employees
To hide problems from investors
To convince your competitors to leave the market
To attract employees and management
To keep the company focused on specific goals

Answers

The answer is 1) to identify problems in advance 2)to get funding 3) to attract employees and management 4) to keep the company focused on specific goals
I believe the answer is :

- TO IDENTIFY PROBLEMS IN ADVANCE ( 2nd choice)

- TO GET FUNDING ( 3rd choice)

- TO ATTRACT EMPLOYEES AND MANAGEMENT ( 7th choice)

- TO KEEP THE COMPANY FOCUSED ON SPECIFIC GOALS ( 8th choice )

A company sells machinery for a loss. What impact does this have on the company’s net income on the income statement?
A. It is decreased by the sale amount.
B. It is not changed.
C. It equals the sale amount.
D. It is increased by the sale amount.

Answers

Answer:

A. It is decreased by the sale amount.

Explanation:

An income statement reports the profits or loss realized by a business in a particular period. In preparing the income statement, accountants consider all the revenues and expenses for that period.  A loss occurs when expenses exceed revenues.

Gains or losses from sales of assets are reported in the income statement. Gain or profit is reported as income, while a loss is an expense. A loss from the sale of an asset increases expenses thereby, reducing the profits for that period.

Answer: D. It is increased by the sale amount.

Explanation:

Which of these would be considered a call to action in advertising?

Answers

correct answer is, “Come by today”.

Select the correct answer.
What is one primary role of banks in the United States?
A.
removing old money from circulation and replacing it
B.
sending customers' tax payments to the government
C.
exchanging one country's currency for another's
D.
using deposits made by customers to make loans

Answers

Answer:

D

Explanation:

One primary role of banks in the United States is to use deposits made by customers to make loans. The correct option is d.

Banks play a significant role in the economy by giving people and businesses access to the capital they require for a variety of objectives by leveraging customer deposits to create loans. It's crucial to remember, though, that banks must strike a balance between lending and keeping enough reserves on hand to meet their obligations as well as regulatory requirements.

Deposits are accepted by banks from people, companies, and other organizations. These deposits may take the form of certificates of deposit (CDs), checking accounts, savings accounts, or other forms of accounts. Banks make loans using a part of the deposits they receive. The banking system that uses fractional reserves is known as such. Banks are permitted to lend out a specific portion of client deposits while holding a small portion as reserves, as opposed to maintaining all of such deposits in their vaults.

Learn more about banks, here:

https://brainly.com/question/14338832

#SPJ4

Select an advantage of a sole proprietorship:
- Being your own boss
- Long hours
- Limited resources
- Solely responsible for debt

Answers

Answer:

- Being your own boss

Explanation:

A sole proprietorship business belongs to one person. The owner is responsible for all the important decisions for the business. He or she sources for the required capital, decides on the nature of the business, its location, and operating hours. This means the owner is the final decision-making maker.

A sole proprietor has the advantage of being their own boss.

Who heads each of the branches of federal reserve banks and looks after their functioning?

Answers

Answer: The chair of the board, governors of the federal reserve system is the chief of the federal reserve which is the central banking system of the United States.

Answer:

Board of Governors

Explanation:

How do stocks and bonds differ?

A. Stocks are low risk while bonds are high risk.
B. Stocks may help you protect your money from inflation while bonds may be more susceptible to losing their value over time due to inflation.
C. Stocks are loans you give out to corporations and get paid back with interest; bonds are shares of a company that you own.
D. Stocks are good for income while bonds are good for long-term growth.

Answers

Answer:

D. Stocks are good for income while bonds are good for long-term growth.

Explanation:

A Stock is the smallest unit of a corporation. A stockholder is one of the owners of a corporation. Should the corporation makes profits, stockholders are entitled to dividends. Stocks are traded in the exchange markets. When the market or the corporation is doing well, stock price increases representing a capital gain to the shareholders.

Bonds are debts instruments that governments and corporates use to raise capital. They present long term investment opportunities to investors. Bonds offer regular and fixed interest payments to investors until maturity.

Stocks are riskier than bonds. Stock prices experience volatility as they trade every day. Their prices are likely to rise when the markets are favorable, which means profits to investors. Bonds are less risky and offer stable incomes for the long term.

Define market structure

Answers

Answer:

Market Structure in economics, depicts how firms are differentiated and categorised based on types of goods they sell and how their operations are affected by external factors and elements. Market structure makes it easier to understand the characteristics of diverse markets.

Easy points!
Is there such thing as dull question? Explain why or why not with a complete sentence.

Answers

Yes there is such a thing as a dull question, because it might have little or no meaning or no detail.

Explanation:

Answer:

i dont think so

Explanation:

i love taking surverysand answering question. Actually any type of question i love to answer. You will get to know the person better

Describe the goal of a good financial manager according to you?

Answers

Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization. Financial managers work in many places, including banks and insurance companies.

Financial managers increasingly assist executives in making decisions that affect the organization, a task for which they need analytical ability and excellent communication skills.

Financial managers’ main responsibility used to be monitoring a company’s finances, but they now do more data analysis and advise senior managers on ideas to maximize profits. They often work on teams, acting as business advisors to top executives.
Prepare financial statements, business activity reports, and forecasts
Monitor financial details to ensure that legal requirements are met
Supervise employees who do financial reporting and budgeting
Review company financial reports and seek ways to reduce costs
Analyze market trends to find opportunities for expansion or for acquiring other companies
Help management make financial decisions

Identify and explain one advantage and one disadvantage to BMW if the government increased value added tax

Answers

Answer:

The advantage for BMW is that an increase in value added tax will also affect BMW cars. This means that BMW will be more expensive, making it likely to for BMW earn more revenue, and thus, for its stockholders to earn more profit.

However, the disadvantage is exactly the same, just the other way around: the VAT increase would also affect prices for many parts, supplements, and other goods and services that BMW acquires to make cars. This in turn will also raise production costs, making higher selling prices not only a possibility, but likely a necessity in order to maintain profit margins.

Paid office expenses Rs.2,000 journal entry plz​

Answers

Explanation:

Here, office expenses A/c is debited because it’s an expense for the business, and all the expenses are debited as per the golden rule for nominal accounts.

On the other hand, the bank account is credited because by making payments of such expense the bank(assets) of the business decreases, and a decrease in assets is recorded on the credit side as per the modern approach for assets.

Another aspect is that by making payments, what’s flowing out of the bank, cash? What goes out is credited as per the traditional approach for real accounts.

Thank you very much for having a look at my answer.

Explanation:

~ See the attached picture !

Hope I helped !

Have a wonderful day / night !

Which of the following is likely to require the most education?
A.
Hand packer
B.
Warehouse stocker
C.
Curator
D.
Restaurant dishwasher

Answers

Answer:

A. Hand packer

Explanation:

Bachelors degree refers to an academic degree (certificate) awarded to a student by a tertiary institution (university or college) after the completion of his or her educational programme.

Additionally, a certification can be defined as a recognition given for completing a course of study or passing an examination. This is to certify that the individual is a professional in that course of study. Some examples are CCNA, Comptia A+, HSE I and II.

A hand packer refers to an individual (employee) who is saddled with the responsibility of packing and/or packaging varieties of finished goods (products) in an assembly line.

Basically, hand pickers are employed to pick and package finished goods into their respective containers so as to get them ready for distribution to the consumers.

Hence, hand packer is most likely to require the most education when compared with a warehouse stocker, curator, and restaurant dishwasher.

Answer:

Curator

Explanation:

7.4% of hand packers have a bachelor's degree.

11.4% of warehouse stockers have a bachelor's degree.

While most curator positions require a master's degree in art history or museology, smaller galleries may only require a bachelor's degree in art or art history. Larger organizations typically require a master's or doctorate in art or art history.

There are no education requirements for most dishwasher positions but some employers prefer dishwashers have a high school diploma or GED.

It is easier to increase the supply of chocolate than the supply of cocoa beans. Do you agree with this statement? Give reasons for your answer.

Answers

Answer:

I agree.

Explanation:

On average cocoa trees need around 4-5 years before they eventually bear fruit and can produce cocoa beans. On the other hand, producing chocolates from those cocoa beans need around 5-8 days.

compared to producing chocolate, producing cocoa beans require more long-term planning and investment, which make it harder to suddenly increase the supply of the beans.

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