Emma is a high school student with a part-time job. She is not eligible for any employer sponsored plan. She wants to start investing for retirement. What is the best type of account for her to use

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04-03-2022
Business

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Emma is a high school student with a part-time job. She is not eligible for any employer sponsored plan. She wants to start investing for retirement. What is the best type of account for her to use

Sagot :

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Abiolataiwo2015idn Abiolataiwo2015idn · Answer 1 · 2022-03-11T04:12:44-05:00

The best type of account for her to use is: Individual retirement account.

What is individual retirement account?

An individual retirement account is a form of saving account that enables an individual to save ahead of retirement.

Individual retirement account is important for people that want or desire to save retirement.

Since Emma want to start investing for retirement the best choice is for Emma to open an individual retirement account.

Inconclusion the best type of account for her to use is: Individual retirement account.

Learn more about Individual retirement account here:https://brainly.com/question/1637877

Sagot :

What is individual retirement account?

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