Answer:
A) True
Explanation:
An individual retirement account (IRA) can be regarded as tax-advantaged account which is been used by individuals in saving as well as investing for retirement. individual retirement arrangements is a term that is been used by Internal Revenue Service (IRS) to describe individual retirement accounts as well as annuities which is been used as
personal savings plans having a
tax advantages that can help to save money as regards retirement.
It should be noted that Individual Retirement Accounts (IRAs) allow people to shelter some of their income from taxation.
