You have decided to save money to buy a car. You would like to buy a car in the next six months. All of the following options allow
you to save money. Which option is NOT a good choice for your short-term needs?
A) savings Account
B) Checking Account
C) Money Marker Account
D)Individual Retirement Account

Respuesta :

Answer:

D)Individual Retirement Account

Explanation:

An individual retirement account in the United States is a form of "individual retirement plan", provided by many financial institutions, that provides tax advantages for retirement savings. An individual retirement account is a type of "individual retirement arrangement" as described in IRS Publication 590, individual retirement arrangements. The term IRA, used to describe both individual retirement accounts and the broader category of individual retirement arrangements, encompasses an individual retirement account; a trust or custodial account set up for the exclusive benefit of taxpayers or their beneficiaries; and an individual retirement annuity, by which the taxpayers purchase an annuity contract or an endowment contract from a life insurance company.

Answer:

D I think

Explanation:

because it is for retirement and retirement accounts are long-term, not short term.