What is the purpose of tax-deferred retirement accounts? to encourage consumers to invest money before it is taxed to level high taxes on a consumer at retirement age to collect taxes during retirement at higher rates to trick consumers into investments that will incur fines and penalties

First option is correct.

Step-by-step explanation:

Purpose of tax-deferred retirement accounts are as follows:

1) To encourage consumers to invest money before it is taxed to level high taxes on a consumer at retirement.

As Tax-deferred status means earnings from investments like interest on investments, dividends on shares etc all are tax free until an individual takes a receipt of their profits.

As it encourages consumers to invest more money before it is taxed too high.

Hence, First option is correct.

i really dont know

step-by-step explanation:

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step-by-step explanation:

circumference divided by 3.141592654 then timesthe radius twice