Question

question 11
you do not pay taxes on contributions, but you do pay taxes on withdrawals,
required minimum distributions
compound interest
tax deferred
time - value of money

Explanation:

To solve this, we analyze each option:

• "Required Minimum Distributions" (RMDs) are about minimum withdrawals from retirement accounts, not tax treatment of contributions/withdrawals.
• "Compound Interest" is about interest earning on principal and accumulated interest, not tax rules.
• "Tax Deferred" means taxes on contributions are deferred (you don't pay tax on contributions now, but pay on withdrawals later), which matches the description.
• "Time - Value of Money" is about money's worth over time, not tax treatment.

Answer:

C. Tax Deferred