when you make pretax contributions to a retirement account, your tax payment is: a. deferred until you…

when you make pretax contributions to a retirement account, your tax payment is: a. deferred until you withdraw the funds. b. lower than if you make contributions posttax. c. due at the end of the calendar year. d. reported to the irs annually.

when you make pretax contributions to a retirement account, your tax payment is: a. deferred until you withdraw the funds. b. lower than if you make contributions posttax. c. due at the end of the calendar year. d. reported to the irs annually.

Answer

Brief Explanations:

Pretax contributions to a retirement - account reduce your taxable income in the current year. Taxes on these contributions are not paid immediately but are deferred until you withdraw the funds in retirement.

Answer:

A. deferred until you withdraw the funds.