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QUESTION IMAGE

b. remi contributes as much as he can to his employee - sponsored 401k …

Question

b. remi contributes as much as he can to his employee - sponsored 401k and personal ira. he would like to make more investments in individual companies to try and increase his long - term earnings.
brokerage account retirement account
c. naomi would like to invest for retirement but doesnt want to worry about paying taxes every year.
brokerage account retirement account
d. ira is ready to take on some more risky investments and would like to start exploring options trading.

Explanation:

Brief Explanations
  • b. Remi wants to invest in individual companies for long - term earnings in addition to his 401k and IRA contributions. A brokerage account is suitable for investing in individual companies.
  • c. Naomi wants to invest for retirement without annual tax worries. Retirement accounts like 401k or IRA often have tax - deferred or tax - free growth features, making them suitable.
  • d. Ira wants to engage in options trading which is typically done through a brokerage account.

Answer:

b. [X] Brokerage Account, [ ] Retirement Account
c. [ ] Brokerage Account, [X] Retirement Account
d. [X] Brokerage Account, [ ] Retirement Account