When an individual in the US invests in a 401K, that person is taxed:
A. only after cashing-in the investment.
B. immediately after making the investment.
C. only after the person dies.
D. one year after making the investment.
Answer:A
When an individual in the US invests in a 401K, that person is taxed:
A. only after cashing-in the investment. B. immediately after making the investment. C. only after the person dies. D. one year after making the investment.