Contributions to which type of ira are tax deductible? a)traditional ira b)roth ira

The correct answer is letter "A": Traditional IRA.

Explanation:

A Traditional IRA is a tax advantage retirement account that includes stocks, bonds, mutual funds, and other types of investments. Its primary benefit relies on the opportunity of investing with pre-taxed income. Though, traditional IRAs are taxed as ordinary income once withdrawals are taken.

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